Defying all odds
By Fortes Fortuna Adiuvat  •  November 15, 2011


Singtel has been climbing steadily within the channel since late march this year while the general market has been showing a downtrend. Moreover, technical indicators aren't in favor of the uptrend as prices showed a higher high while MACD/FI portrayed a lower high.

TA is never about infallibility, but about probability; now the probability of declining in price is higher....
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By Fortes Fortuna Adiuvat
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