CFD Trading – Buy Singtel (Z74.SGX) @ $2.64. Stop @ $2.54 and Target @ $2.88.

Singtel Stock Code Z74.SGX


After reaching a high at $2.88 on 12 May, price went into a decline. The price correction was supported by the cloud, keeping the uptrend intact. Conversion and base lines remain in a bullish crossover, hinting at a bullish price trend. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish price trend. MACD is bullish and is hinting at a bullish price trend. If price stays above the cloud, we are likely to see a rally to the previous high at $2.88 in the next 2-3 weeks.


$2.64                 Buy

$2.88                 Price Target

$2.54                 Risk Management Stop

3 weeks Trade Duration

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