On Tuesday, Singtel re-test the support at $3.29 and closed at $3.32 with regular volume of 13.97 million shares traded.

Both RSI & MACD are flat as RSI trend sideways.

Important Resistance of Singtel: $3.39

Immediate Support of Singtel: $3.29

Currently prices are supported by 100 days MA at $3.29.

Since 10/Aug, prices have been consolidating along the key support of $3.29 and key resistance at $3.39.

The breakout of either side would indicate the end of the consolidation trend.

If interested, we suggest to buy at $3.29 support otherwise just wait for the breakout for either side.

Stock Chart: Singtel! is contributed by : Singapore Stock Information Exchange

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