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Wednesday, July 24, 2019

SingTel

Today closing price at $3.47 seem to be holding above its recent low of $3.45 and forming a doji on the chart which may seem to be rather uncertain.

It is going ex-dividend tomorrow with 10.7 cents dividend and the first support level would be at $3.35 level.


It would be crucial to see if $3.35 is able to hold up well, failing which it may continue to fall further towards $3.30 then $3.25 and below.

24th July 2019
TA wise , looks bearish!
Breaking down of 3.45 would be quite ugly and may see the price goes down to revisit 3.40 then 3.35.


The next destination is 3.20 follow by 3.10.

Not a call to buy or sell.

Pls dyodd.



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