SEE: STI down 0.72% despite December NODX expansion
DBS Group Holdings -which broke out of a sideways range at the start of the year - is consolidating its gains. While its uptrend remains intact, the consolidation phase could take prices down to as low as $25.40 and the uptrend would still be intact. DBS’s closing high this year was $27.42 and this was also the one-year high. When prices resume their advance, this level is the resistance that prices need to challenge. Prices closed at $26.17 on Jan 22.


