After posting the chart on singtel a couple of weeks back on 10th Jan, I was pleasantly surprised that it 'popped' on 26th Jan, with the price rising 2.3%. I had decided when I've posted the chart earlier on that I would not trade this counter. The reason is that the counter is too heavy, and I do not have a lot of spare cash. At most, I can only do 2 lots, but if I'm stuck with it, I do not have enough to average down nor do I want to lock up my capital there. Then, I've put up a entry price of 3.04 to 3.05 with expected tp of 3.19.


Even though I did not trade this, I thought it'll be useful for me to analyse what is right about the trade. Here's the chart on 10th Jan:




Here's the chart on 26th ......