DBS 14/07/2010

DBS hit the triangle target of 14.80 after breakout off the resistance.

DBS 11/07/2010

DBS. Triangle breakout. But facing resistance at the channel trendline. Expecting a throwback.

DBS 15/09/2009

A big move could be coming on DBS soon. The MA's are pointing up. My bias is towards the upside. The triangle should confirm the direction.
Prrevious update for DBS is here.

DBS 28/07/2009

DBS has met its prior TP's. Looks like it is on its way towards new TP of 13.16 and 13.59.

DBS 12/03/2009 Possibilities

DBS had formed a descending triangle pattern since Jan 09. Price went down as the volume reduced. Near the apex it broke out downwards with high volume and almost hit near the projected triangle price of 6.3.

Possibilities: From the chart patterns statistics there is 64% possibility, we might see the price retrace back near the neck line before continuing downwards as indicated by arrows. Having said that, we dont trade based on possibilities, rather trade based on price action which will confirm possibilities.