On Wednesday, Singtel re-test the support at $3.08 and closed at $3.09 with HIGH volume of 28.69 million shares traded. Three black candles occurred in the last three days.  Although these candles were not big enough to create three black crows, the steady downward pattern is bearish. Both RSI & MACD are flat as RSI [...]

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On Wednesday, Singtel re-test the resistance at $3.19 and closed at $3.16 with HIGH volume of 31.98 million shares traded. A white candle stick with long upper/lower shadow indicates that investors are hesitant on the directions of the Singtel ahead. Both RSI & MACD are bearish as MACD perform a “death cross” recently. Important Resistance [...]

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On Friday, Singtel re-test the resistance at $3.22 and closed at $3.19 with LOW volume of 20.69 million shares traded. A white candle stick with long upper shadow indicates that investors are fearful of the resistance and choose to sell at that level. Both RSI & MACD are flat as RSI trend sideways Important Resistance [...]

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On Wednesday, Singtel re-test the support at $3.11 and closed at $3.13 with HIGH volume of 48.2 million shares traded. A black candle stick with long lower shadow indicates that investors are buying when prices dip to the support of $3.11 Both RSI & MACD are bearish as MACD lines about to “cross down”. Important [...]

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On Friday, Sembmar broke the support at $3.65 and closed at $3.56 with LOW volume of 16.85 million shares traded. A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow). This usually implies a continuation of a bearish trend. There have been 10 falling windows in [...]

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