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Singtel stock scan, how has this stock performed so far? See the three and a half years data for more idea. Chart worth a thousand words. The stock has been on a rise since 2012. It reaches the highest high since 2012 and followed by a major pull back, a drop for nearly a dollar. Why?
Those who are not greedy and took their profit are laughing to the bank. Be aware, when the price drop below the last high, you have to decide to hold or to profit taking. There is no right no wrong on trading decision, everyone capital strength is different. Be responsible for your own money.
June 12, 2015 SingTel, Singapore Telecommunications Ltd, Three and a Half Years Data
Singapore Telecommunications Limited, Z74
June 12, 2015 Singapore Telecommunications Limited
Singapore Telecommunication Ltd, SingTel
Price Action was bouncing off MAs; price action get supported by MAs. Price Action crosses below MAs, such as below 20 MA, 50 MA and 100 MA. the price retraced back and resisted by MAs.
We see a potential Bear Trap.
Will the Price Action resisted by MAs? Will see.
2015 June 12, Singapore Telecommunication, SingTel
SingTel Trade Plan
Picture worth a thousand words. Needless to explain lah (lah a Singlish, Singaporean English.)
What had happened since April 16?
The stock falling off the highest high for the last three years.
Will June 3 heeled the fall?
Had anyone catch this falling knife? Have fun!
June 12, 2015 Singapore Telecommunication Ltd
Other links
Read more on FALLING KNIFE Definition by Investopedia
You can read about other Singapore Stocks scan and analysis in this website.
Thanks for visiting the website.
Moses
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