Singtel

Singtel – [ Sank? Did You See Our Previous Post?]

Kelwin & Roy Singtel , , , , , , , , , ,
8th August, 2019, 8:08 PM

Singtel – [ Sank? Did You See Our Previous Post?]Singtel 8th Aug 2019

Chart Source:Poemsview 8th Aug 2019

Singtel just released its results today and its Q1 profit hits a 16 year low on Airtel losses and higher costs. As profits were lower so did the stock price.

Did you see our previous post just 2 weeks back.  We drew that uptrend line back in July where Singtel broke which was a sign of weakness. After that it gapped down due to XD of 0.107 which brought the price down to $3.34. After Singtel went Xd it tried to recover but couldn’t climb up and followed the general market down. After releasing its results, it took a further dive to $3.22.

Singtel is currently at a support and failing to hold might see it move down to our next support level.

Want to know how to take advantage of such downside?

Then come 20Aug (Tuesday) we’ll be sharing how you can use CFD to short and ride such downside instead of bottom picking.

Sign up via the link now!

https://www.eventbrite.sg/e/trade-war-interest-rate-cut-how-to-use-cfd-moving-average-to-manage-current-volatile-market-tickets-67919419813

We’ll see you there!

Yours

Humbly

Kelwin&Roy

Singtel – [ What Is Ringing? ]

Kelwin & Roy Singtel , , , , , , , , , ,
24th July, 2019, 9:05 PM

Singtel – [ What Is Ringing? ]Singtel 24th July 2019

Chart Source: Poemsview 24th july 2019

Singtel has been climbing steadily since june and have met some strong resistance at $3.56 area.

Will singtel continue its march up? or will it start to correct and head down?

What is your  trading plan for Singtel like?

We are coming up with a plan, how about you?

CLICK HERE to see how you can learn how to plan a sound and actionable trade plan and to be part of this EXCLUSIVE COMMUNITY to enjoy such value added services.

Yours

Humbly

Kelwin&Roy

Telcos: M1, Starhub,Singtel

Kelwin & Roy M1, Singtel, Starhub , , , ,
10th March, 2016, 2:12 PM

Mobile data price wars are erupting due to the entry of the fourth telco more can be found in the link below from the straits times.

http://www.straitstimes.com/tech/mobile-data-price-war-erupts-m1-halves-prices-following-singtels-lead

With that we decided to cover the charts for our three local telcos.

First starting with M1

M1 Mar 2016
M1 Mar 2016

Of the three telcos we found this the most interesting. M1, instead of closing down today it actually closed above its opening price.WOW, that shows us some strength when its suppose to be down due to all the price wars which will potentially eat into the telco’s profit. From chart wise, M1 seems to suggest that there might be further upside, with it breaking its downtrend line but does face some resistance at 2.64 if it clears that we might see a nice upside to 2.74 first then 2.87 our cut loss will be at 2.50.

Next up, Starhub

Starhub Mar 2016
Starhub Mar 2016

It close down as expected and as u can see is ranging and sitting on its horizontal support of 3.35. If it goes below that we might see more downside to even 3.25 area. We are looking at more downside for Starhub

Last but not Least, Singtel

Singtel Mar 2016
Singtel Mar 2016

We can see that currently its touching its downtrend line and coming down and we do foresee more downside for Singtel to the horizontal support of 3.70  first then we will plan again.

Yours

Humbly