Technical Analysis of DBS (SGX: $DBS Group Holdings(D05.SI)$ ) Trend Overview DBS remains in a long-term uptrend, confirmed by a pattern of higher highs and higher lows. The stock has broken above a long-term trendline resistance, which has now turned into a support level around $39.70. Despite recent price declines, the trendline and previous resistance now serve as key support zones that traders will monitor for a potential rebound. Key Support & Resistance Levels Support Zone: ~$39.70 (trendline + horizontal resistance turned support). Resistance Zone: Around $47-$48, where the stock recently faced selling pressure. Momentum & RSI Analysis on current price action The Relative Strength Index (RSI) is not yet in the oversold zone, indic