Fortunes have started to change for DBS.  Since hitting a high of $15.74 on 15^th April 2010, DBS is now trading in a downtrend as it remains below the 20, 50 and 100-day moving averages. The MACD trend indicator continues to trend downwards which confirms the presence of a downtrend. An interesting observation is a bearish crossover signal seen in the Stochastic oscillator which suggests that downside momentum has not abated. Given such negative elements, DBS may continue to see further downside risk to test the immediate support at $13.94. A violation below it may spark another ferocious sell-off towards the next support at $13.32. On the other hand, a break above the immediate resistance at $14.70 may provide a relief for the on-going bearish pressure to see an upside push towards $15.10.