$Singtel(Z74.SI)$  yesterday sell today fall. saw the price hits the upper band for several days but losing momentum after that. Decided to close that trade.

Anyway since mid-2022 , Singtel price is creating lower low pattern. If those wishes to catch rebound., can attempt to purchase some when it hits near the lower channel band.

18-Apr: looking at the chart, it hits one of it support area. Singtel stocks may experience a short term rebound to 2.45-2.48 region if MACD shows a crossover signal. For mid term, better to wait further.

Modify on 2024-04-18 14:45

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment2

  • Top
  • Latest
  • Tom Chow
    ·04-07
    good
    Reply
    Report
  • 👍
    Reply
    Report