Friday, March 27, 2015

Potential Upside: Singtel - Pushing higher today above 4.35 resistance as predicted. Now 4.38 !

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Sent: Wednesday, March 25, 2015 10:50 AM
Subject: ***************** Potential Upside: Singtel - Pushing higher in strength, price 4.34, more upside likely.
From previous breakout call last Thursday, we have indeed seen Singtel break above 4.20 resistance convincingly and headed higher. Today we have it test the 4.33 – 4.35 resistance level. Note that there can still be more upside to 4.50 if it can cross upwards above 4.35 immediate resistance now to a new high. Support would be at 4.26 to 4.30 for now and as long these holds, uptrend still intact with it poised to push higher to find a new high. MACD has staged a bullish crossover which can lead the momentum further.

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