Tuesday, June 03, 2008

Singtel to breakout to downside?


Singtel: Indicators suggesting a breakout to downside possible. Price resisted at 20DMA, sell signal from TT2 (CTA course short strategy). A quick check with GMMA which is a trend indicator shows that indeed we may enter into a downtrend. $3.60 is the support to watch.

DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.