Keeping my long call on Singtel here, love to hear your thoughts on it!
Price is facing bullish pressure where we could see a bounce from here
Price is approaching a key support level where we could see a bounce from here, stochastic is showing a bullish divergence as well.
We caught the reversal nicely on SingTel previously and I maintain a bearish view on the stock. A break below our first take profit target could open room for a further drop to our second take profit target.
I know ... The title sound corny. Spotted this chart as I went through the whole spectrum of charts in the market. Vol spiked on break out yesterday. It has broken up the downward trendline. DMI + crossing above. EMA 8 crossing above EMA 13. It is a worthwhile short term technical trade in my opinion for a target closer to 3.
Very clean triangle awaiting breakout
Price is facing bearish pressure from our resistance where we could see a drop to our take profit targets.
Price is facing bullish pressure from our buy entry in line with our ascending trend line, 50% retracement and 100% extension and a pullback to our buy entry could provide a good opportunity to go long. RSI is seeing a bullish breakout as well.
Stock is trading near lower bound of uptrend channel. If breach, next support line could be 2.70 while next reistance line could be at 2.82.
Was chatting with an old friend and guess where we worked together last time ? No points for guessing. Harmonic Patterns we originally created based on the studies on Stock prices. So yes it does work on Stocks & Indices too I see two possibilities: 1. Bounce off the ABCD pattern at $3.00 2. Head slightly lower to complete the Bullish Crab Pattern at $2.84,...
Bullish Gartley on SingTel daily chart Previous day candle closed as Doji
Bigger picture still bullish . Unless price break below 2.97 Maybe a new HH to hit 3.65 in the long run. Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully...
This is the best stock flagged out today. Hopefully price will still be there when our money comes back! Singtel Enter: 17/09/19 $3.21 Exit: When price hit $3.31 Past trades Singapore airlines (Live trade) Entered: 22/08/19 8.92 Exit: 13/09/19 9.19 Spotted but never managed to buy in City Development (did not managed to enter) Enter: 05/09/19 $9.42 Exit:...
Z74 Singtel for Week (16-20) '19 Main Chart is Downtrending. The stock price is entering the channel, awaiting for the Qtrly annoucement ( 13 Nov 19) See Resistance and Support line. 3.10 - 3.27 . ( Currently closed at 3.21) Wait for its to come down 3.10 . EP - 3.10 TP -3.25 to 3.27 Profits - (15 to 17 pips) Cut Loss - 3.05