Singtel – closed at 4.88, down 8 cents from 4.96 last Friday. Looks quite weak and may continue until testing 4.80 and below
Singtel – closed at 4.88, down 8 cents from 4.96 last Friday. Looks quite weak and may continue to test 4.80 and below! Diode please. The fund is selling off today, and further weakness may be seen! It may move down to cover the gapped at 4.80 and 4.77 (200 day MA). If unable to hold, it may move further down to test 4.45. Diode please. March 25, 2026: Yesterday closed at 4.92, looks like the buying opportunity is back! Diode please. Last Friday it closed at 5.21 but was short-lived! Maybe the bigger boys are pushing it higher to get it off! Currently trading at 4.97-4.98. She may test 4.80 and below! It managed to bounce off the 100 days moving average at around 4.55 and is now trading at 4.53, which looks quite interesting! The surge can be attributed to Singtel being listed as a top portfolio counter under the new UOBAM Ping AN FTSE ASEAN Dividend Index. I think the price may rise further till 4.62. Diode please. 7 January 2026:…
