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SingTel
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Singtel Bullish???
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hokpin
Supreme |
21-Aug-2024 17:09
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Strong closing at SGD 2.93. | ||||
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SgYuan
Supreme |
21-Aug-2024 16:19
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SGX Penny Stocks (EW Charts by sgYuan):
singtel 1h wa hit 302 wb dn 61.8 288 hit up 14.6 291 px hit 292 this must hold then wc up 310 singtel day w3 up 310 w4 dn 38.2 280 this must hold then wc up got chance w5 up too highrp 340 if breakdn 288 then wc dn continues 271 |
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TikTalk
Supreme |
21-Aug-2024 15:35
Yells: "Anyone miss me?" |
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Yes, you are correct on the bearish divergences for the daily chart for RSI and MACD. If there is no good news to hold the prices it is possible prices may drift lower according to your  expectation,I cannot argue with that. Again I am long term, so not that concern with market correction.
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TikTalk
Supreme |
21-Aug-2024 15:29
Yells: "Anyone miss me?" |
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Oh btw if you look at RSI the weekly and monthly is overbought, but one thing we do not know how long it can stay overbought, but also note that the daily RSI is not overbought, and if the daily RSI do turn up again thats how the weekly and monthly can stay overbought. |
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TikTalk
Supreme |
21-Aug-2024 15:24
Yells: "Anyone miss me?" |
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No, I bought during the Covid crisis, collected many rounds of dividends, holding with capital gains/paper profits and willing to hold further.
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BinderyT
Elite |
21-Aug-2024 13:13
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haha ... happy for you, don' t spend it all at once :)
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mav1ryan
Veteran |
21-Aug-2024 11:52
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just collected my dividend, happy :) . | ||||
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mav1ryan
Veteran |
21-Aug-2024 11:43
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I am seeing the formation of double peak... :( | ||||
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BinderyT
Elite |
21-Aug-2024 11:29
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Up.   U can c it either as start of w3 from 12 Aug or w3 of the longer cycle from July.
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TikTalk
Supreme |
21-Aug-2024 11:21
Yells: "Anyone miss me?" |
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https://postlmg.cc/2LWJts4c download your chart at above copy link and paste on the Share Junction by clicking on the image icon
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2egg4kosong
Veteran |
21-Aug-2024 11:00
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If u hold long term since when Singtel got listed is ok. I' m mainly a swing trader using leverage so it matters to me :) Btw, how to append picture? I tried but cannot leh ... u upload directly or use image hosting site? Any to recommend for the latter?  
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TikTalk
Supreme |
21-Aug-2024 10:02
Yells: "Anyone miss me?" |
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I have done all that in my past charts on other counters in many occassions. As for Singtel I do not counter trade and also do not do short term trades, thus I will not  anaylste it the way you did. |
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2egg4kosong
Veteran |
20-Aug-2024 13:51
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Include RSI and MACD on daily chart to see the bearish divergence. I also won' t draw support like this. I will use a horizontal line at 2.83 thereabouts which corresponds to the recent low. Further add in Fib from 2.50 to 3.03 to identify some interim support levels. | ||||
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TikTalk
Supreme |
20-Aug-2024 11:16
Yells: "Anyone miss me?" |
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Of course the easy part is drawing support/resistance lines.. The difficult part is trading on short term move, buy or sell at current level? Follow trend to buy dips or counter trade to go short? Longer term investor is easier, just stay long until some drastic event occur.
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MrBear12
Supreme |
17-Aug-2024 16:19
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Thanks for the reminder to collect dividends, Glooper83. That is all that counts.
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Glooper83
Senior |
17-Aug-2024 15:26
Yells: "Always focus on Fundamentals!" |
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https://www.moneycontrol.com/news/business/singtel-plans-another-stake-sale-round-in-airtel-via-block-deals-sources-12760447.html It is no secret now that Singtel wants to equalise their stake in Airtel... Bharti group owns 24.57% while Singtel owns 28.7%, so that means another 4% is potentially on offer... When will it take place? The article speculates that it is < quote> now likely to happen only after the company&rsquo s results for the first quarter of FY25 < quote> .  While any sale will be exciting news that Singtel is unlocking value, I doubt that there will be any special dividends since it would most likely go towards to VRD component. Anyway, have a great week ahead. Time to collect dividends on Tues! |
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luke2021
Senior |
16-Aug-2024 18:16
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Trend is your good friend. Don' t against the trend. Just flow with it.  | ||||
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TikTalk
Supreme |
16-Aug-2024 16:23
Yells: "Anyone miss me?" |
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" Time in the market always a better approach than timing the market."
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wehuattogether88
Supreme |
16-Aug-2024 15:32
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I believe that Singtels investors and funds had digested the XD effect. Now it will regroup and continue the uptrend. | ||||
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Glooper83
Senior |
16-Aug-2024 14:58
Yells: "Always focus on Fundamentals!" |
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B - generally this stock should be on an upward trend... but I do not know how long will it take...
Ignore the "noise" on the daily price movements and focus on the fundamentals of the company...
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