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Tuesday, July 16, 2019

SingTel

Chart wise, looks bullish!
The uptrend is still intact!
Ex-dividend (10.7 cents) on 26th July 2019 that is next Friday .


Will it make another attempt to retest 3.56 level.
Crossing over smoothly plus good volume that may drive the price higher towards 3.61 level with extension to 3.66 /3.70 level.

The usual scenario/trading strategy is to lock in profit before it went XD on 26th July.
Therefore ,I think any breakout may be short-live.

Not a call to buy or sell.

Pls dyodd.



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