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Archive for the Singtel Category

Singtel – can this star do its wonders?

Singtel formed a shooting star on Wednesday. Is this going to signal a profit taking after such a strong upside over the last few months?


Singtel – must not break rising trendline

Singtel has been forming an ascending triangle for a very very long time, but it has yet to break higher. However if Singtel do break below the rising trendline, then those longing have to be cautious as it would not be bullish.  


Singtel – still forming the ascending triangle

Singtel has been forming a long term ascending triangle, but as of now, there are no signs of breakout yet. Do put this into your watchlist as it gets closer to the resistance.


Singtel – Bearish divergence seen

For those having long position in Singtel, do set a trailing stop. Bearish divergence seen in MACD and Stochastic. Singtel has been holding STI from dropping much. Time for a rest?  


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