Singtel Stock Code Z74.SGX
Outlook
Price broke above the cloud in the previous trading session, changing the chart outlook to bullish. Conversion line and base line remain in a bullish crossover and is hinting at a bullish price trend ahead. Lagging Span is above price of 26 days ago but is below the cloud at the moment. MACD is bullish and is hinting at a bullish price trend. If price is able to stay above the cloud, it could be heading towards the previous resistance high at $2.65.
Strategy
$2.52 Buy
$2.65 Price Target
$2.44 Risk Management Stop
3 weeks Trade Duration
