Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.

Tuesday, September 16, 2014

DBS Seen Bearish Divergence

Warning for bulls, DBS ascending run-up may come to an end as heavy sell-off seen for past two days. Not only that, a bearish divergence on MACD indicator is seen. DBS might retrace back to its support at 17.67, where its last run started.

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