View On Singtel (30 June 2019) It may make some pull back along the way but this counter is seriously in the UP trend now. I expect $3.10 to $3.3 will be good support region while it shall sooner or later reach $3.6 to $3.7 regions. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk...
Singtel may be staging for a super bull rally as it is currently in the 3rd wave of the bull.
View On Singtel (21 Feb 2019) This counter has been drifting lower for a long time and it "may" be a good time for the strong pullback. This move is to swing out last short traders. We are seeing a high possibility of the decent swing up. There shall be up and down swings along the way but 3.27 and 3.32 will decent resistants (aka TP levels for Long...
MACD and RSI showing signs of oversold Waiting for upward trend to 2.96 for stock to pass EMA before buying Recent trade war and new competition from TPM in telco may cause further volatility. Recommend not to long, sell to lock in profits
Singtel stock after breaking upward sloping trend line retest it and falling from that level. To continue bullish stance stock need to close above 3.12. Else below 3.05 can slide further to test previous low where new possible down move as per volume depends.
Possible turnaround from improving revenues, 5G network launch.
SGX:Z74 Singtel is currently in a falling channel. If you are keen to short, ATH to ATL Fib retracements at 0.618 and 0.768 targets highlighted in green boxes. We might have a slight bounce at $3.04 and if so, target between $3.17 to $3.25.