SingTel after hitting the low of $3.65 on 11th April it had managed to trend higher to touch $3.99 on 20th April. This is rather bullish.
The current price of $3.93 is hovering above the SMA lines which is generally quite positive.
Also both Macd & Rsi are still rising upwards which may provide further indication that the share price may continue to trend higher.
Short term wise it may head higher to re-visit the recent high of $3.99. Crossing over of $3.99 with ease + good volume that may propel to drive the share price higher towards $4.10 then $4.18.
(trade base on your own decision)
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