Price in 5 mins shows unreasonable price & volume formed. Despite high volume traded intraday, but the stock price stays within the range. This could mean the "Jedi" are holding the price up while churning volume to looks good to the public.
From our analysis, we find these price movement a price peak & a possible short term retrace is building up. Which going...
Bullish accumulation is seen after a cluster of candles are formed at the 2nd bottom support level. Furthermore, stochastic oscillator shows confirmation of a bullish oversold crossover
Hello,
Singapore Telecommunications Ltd. is an investment holding company, which engages in the provision of telecommunications systems and services. It operates through the following segments: Group Consumer, Group Enterprise, Group Digital Life, and Corporate. The Group Consumer segment includes mobile, pay TV, fixed broadband and voice, as well as equipment...
Hello,
Singapore Telecommunications Limited, commonly known as Singtel, is a Singaporean telecommunications conglomerate and one of the four major telcos operating in the country. The company is the largest mobile network operator in Singapore with 4.1 million subscribers and through subsidiaries, has a combined mobile subscriber base of 640 million customers at...
Singtel is still on a long term downtrend and has not broken out of the bear channel. On the short term it has completed its move to the top of the mini bull channel after a climatic push upwards. The higher price has been rejected however and headed back downwards on a green day for STI with most other stocks going up. Not a good sign there. Further more a...
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Nothing much to say here. A valid breakout would also breach the previous 2.63...
Watch for break of resistance point of 2.6, look for daily close above.
Tomorrow opening above 2.6 would be good for some upside moves provided it closes green.
Alternatively a downward move is also possible, all depends on tomorrow opening. a retest of lows of 2.3 or trendline is possible.
19 May is earnings date, could be a catalyst for a rebound should it...
TICKER CODE: Z74
Company Name: Singapore Telecommunications Limited
Industry: Telecom Services| Communication Services | Singapore
Position Proposed: BUY
Technical Analysis
1. Large Inverted Head & Shoulders (Forming)
2. Pennant Pattern (Broke out and Retraced)
3. Take Profit will be at Key structure level and 80% of Head & Shoulders Price Rane
Entry: NOW...
Prices are approaching support in line with our ascending trend line and 61.8% retracement where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.
Midterm bullish on Singtel. Looks like an under and over on weekly. Reclaimed range low and it looks like it wants to tag range high.
Here are the bullish scenarios:
1) Tag and reclaim range high and move higher.
2) Tag range high, reject and range. (Most likely scenario)
There is a bearish scenario where price loses range low again and go lower. So far looks...
