On Wednesday, Singtel re-test the support at $3.73 and closed at $3.75 with regular volume of 12.71 million shares traded.
Both RSI & MACD are bearish as RSI trend downwards.
Important Resistance of Singtel: $3.86
Immediate Support of Singtel: $3.73
Currently prices are supported by 20/50/100 days MA at $3.73
Since 18/Sep/2013, prices have been consolidating between the key support at $3.73 and key resistance at $3.86.
The support at $3.73 is expected to be strong.
If interested, we would suggest to buy near the support of $3.73 since the support will not breached easily. Cut loss once this support give way.
Stock Chart: Singtel! is contributed by : Singapore Stock Information Exchange
