Shares & Derivatives
DBS Bank: Breakout from Falling Wedge
By Marubozu  •  December 1, 2012

DBS has broken out from the Falling Wedge and heading towards price target of $14.60. Technically DBS  will be bullish if the stock price can stay above $14.20 (61.8% FR) support. 200D SMA support is at about $14.10. Too late to chase the price now if want to invest in DBS. Wait for pull back to $14.20 for better entry point.

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By Marubozu
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