Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA |...
Singtel is still on a long term downtrend and has not broken out of the bear channel. On the short term it has completed its move to the top of the mini bull channel after a climatic push upwards. The higher price has been rejected however and headed back downwards on a green day for STI with most other stocks going up. Not a good sign there. Further more a...
═════════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ═════════════════════════════════ Hello Traders ✌ Nothing much to say here. A valid breakout would also breach the previous 2.63...
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...
Looks like a deep bottom for Singtel. Reversal forming..
TICKER CODE: Z74 Company Name: Singapore Telecommunications Limited Industry: Telecom Services| Communication Services | Singapore Position Proposed: BUY Technical Analysis 1. Large Inverted Head & Shoulders (Forming) 2. Pennant Pattern (Broke out and Retraced) 3. Take Profit will be at Key structure level and 80% of Head & Shoulders Price Rane Entry: NOW...
Prices are facing bearish pressure where we could see a further drop below this level.
Prices are approaching support in line with our ascending trend line and 61.8% retracement where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.
Price is approaching support where we could see a bounce above this level.
Prices are approaching support where we could see a bounce above this level.
Midterm bullish on Singtel. Looks like an under and over on weekly. Reclaimed range low and it looks like it wants to tag range high. Here are the bullish scenarios: 1) Tag and reclaim range high and move higher. 2) Tag range high, reject and range. (Most likely scenario) There is a bearish scenario where price loses range low again and go lower. So far looks...
Prices are approaching support in line with our ascending trend line where we could see a bounce above this level.
Prices are approaching support where we could see a bounce above this level. Ichimoku cloud and stochastic are showing signs of bullish pressure as well, in line with our bullish bias.
Bullish in the making. price has to clear 2.46 in order to go up higher. once break 2.46, good to look for long. Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should...
Price is facing bearish pressure from our first resistance in line with our descending trend line, graphical resistance area and fibonacci confluence where we could see a further drop here.
Price is approaching resistance where we could see a drop below this level. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. Based On Technical Analysisi SINGTEL - Still in Bearish trend
Price is approaching our first support in line with our ascending trend line where we could see a bounce above this level