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ng1324
Feb 21, 2022 11:12 AM

Watch for break above resistance Long

SINGTELSGX

Description

Watch for break of resistance point of 2.6, look for daily close above.
Tomorrow opening above 2.6 would be good for some upside moves provided it closes green.
Alternatively a downward move is also possible, all depends on tomorrow opening. a retest of lows of 2.3 or trendline is possible.
19 May is earnings date, could be a catalyst for a rebound should it test lows or a continuation or either direction.
Looking for similar pattern as Keppel Corp BN4

Target: previous highs of 2.85-2.86
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