Singtel Ltd (SGX: Z74) has made another attempt to rally towards $2.50 and technical indicate that the stock will make another rally:
*Timeline of the trade is 4 weeks from the date issued.
*Should prices fails to sustain the breakout above $2.50, then the possibility of prices testing the lower support zone at $2.00-$2.04 will increase.
DLCs product information
Investors are advised to read the issuer documents found on SGX website here or the issuer’s DLC website here for the full details of the DLCs including the product features and the risks before investing in the DLCs.
Ichimoku Kinko Hyo
Red dotted line = 9 Periods Tenkan-Sen
Blue dotted line = 26 periods Kijun-Sen
Green Line B= 52 periods Senkou Span B
Pink Line A = 26 periods Senkou Span A
Black line = 26 periods Chikou Span. Lagging l
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