Tuesday, March 9, 2021

Technical Analysis Mar 2021: SINGTEL (SGX: Z74)



SINGAPORE TELECOMMUNICATIONS LTD 

Observation from Chart: 

SINGTEL (Z74) forming triangle consolidate pattern. 

Will it breakout the resistance level? 

Other indicator:- 
MACD trade at negative region, downtrend sign. 
Stochastic %K on BUY call itinerary.

Immediate support @ triangle support level. 
Subsequent support @ $2.20 level. 

Immediate resistance @ triangle resistance level 
Subsequent resistance @ $2.65 level. 

Let's watch closely for Disclaimer.

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