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DBS Group ST: short term rebound towards 21.9
Trading Central | 2017-09-07 23:29:00

Our preference: short term rebound towards 21.9.

Our pivot point stands at 19.9.

Our preference: short term rebound towards 21.9.

Alternative scenario: below 19.9, expect 19.2 and 18.8.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the stock is trading under both its 20 and 50 day MA (respectively at 20.61 and 21.02).

Supports and resistances:
22.8 **
22.4 *
21.9 **
21.5
20.45 (SGD-last)
20.2
19.9 **
19.2 *
18.8 **

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