Saturday, November 14, 2020

Technical Analysis Nov 2020: SINGTEL (SGX: Z74)

SINGAPORE TELECOMMUNICATIONS LTD 

Observation from Chart: 

SINGTEL (Z74) succeed breakout downtrend resistance line.

How high will it go?

Other indicator:- 
MACD moving toward positive region, uptrend sign. 
Stochastic %K on BUY call itinerary. 

Immediate support @ $2.21 level. 
Subsequent support @ MA20 level.

Immediate resistance @ $2.45 level 
Subsequent resistance @ $2.55 level. 

Let's watch closely Disclaimer.

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