Singtel Ltd (SGX: M04) bearish trend will likely continue despite the strong move on the 20th of November 2019 due to the technicals :
Note
* Timeline of the trade should be between 1-3 weeks from the date of the report.
* Should the major resistance be broken at 3.37, the recommendation will be invalidated.
CHART LEGENDS
Simple moving average
Red dotted line = 200 SMA
Blue dotted line = 50 SMA
Green dotted line = 22 SMA
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