On Wednesday, Singtel re-test the resistance at $3.19 and closed at $3.16 with HIGH volume of 31.98 million shares traded.

A white candle stick with long upper/lower shadow indicates that investors are hesitant on the directions of the Singtel ahead.

Both RSI & MACD are bearish as MACD perform a “death cross” recently.

Important Resistance of Singtel: $3.19

Immediate Support of Singtel: $3.11

Currently prices are supported by 50/100/200 days MA at $3.11.

Since 22/Aug, prices have rally on the rising trend line forming a higher high and higher low.

The support at $3.11 is expected to be strong and the breached of this support would trigger heavy selling pressure.

If interested to long Singtel, do watch if prices will pullback to $3.11 support.

On Wednesday, Golden Agri re-tests the support at $0.665 and closed at $0.67 with regular volume ...