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SingTel    Last:4.35   -

Singtel Bullish???

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Stupidbear
    13-Feb-2008 15:46  
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andytanks
    13-Feb-2008 14:52  
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Singtel shows resistance at 4.00 dollars..... Drop to 3.93... Maybe further .....
 
 
colorado
    13-Feb-2008 02:01  
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Er sorry but cannot access leh.
 

 
Stupidbear
    12-Feb-2008 23:52  
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Hopefully it'll come back again for another bounce.

www.bear-analysis.blogspot.

Did an analysis on it.

Let me know your comments =)
 
 
andytanks
    12-Feb-2008 17:14  
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What a gain! Thanks to Mr Lee.... Smiley
 
 
musante
    12-Feb-2008 11:52  
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Looks like today is SINGTEL'S Day.....

And I hope it can sustain.....bec. my profit is not made yet as I bht. it at high end.

Congrats again to FARMER......You are cute ...man.(I love to read your posting.)    ...

Cheeers.... .... ... !!!
 

 
Manikamaniho
    12-Feb-2008 11:45  
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Yes... in this kind of market, it's definitely better to grab profits first, no matter how much...

This is a "sell on the rallies" market, as distinct from a full-blown bull run...

In a full-blown bull-run, any ordinary buyer can simply "whack" any stock and pocket a fat smiling  profit 3 days later... Smiley
 

 
 
ten4one
    12-Feb-2008 11:36  
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Profit not matter how small is always better than loss! Cheers!
 
 
Farmer
    12-Feb-2008 10:27  
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Those buying at low 3.7 can consider taking profit if not greedy....going for kopi liao.

Oh! There's some X deal done at 3.7~ but the BB also selling big...take note!
 
 
winsontkl
    11-Feb-2008 21:21  
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Good....at last some positive TP to substain the STI....
 

 
Henry$$$
    11-Feb-2008 16:13  
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Manikamaniho
    11-Feb-2008 11:57  
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My sifu Ten4One relaxes and 'plays' shares and also gives us enjoyable and uplifting comments... hehehe... Smiley

 
 
AK_Francis
    11-Feb-2008 11:52  
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Don't hope STel falls below 3.70 despite it didn't announce any div during the last result. Arab king will buy it to keep. Cheers.
 
 
ten4one
    11-Feb-2008 10:09  
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Farmer's trading idea for SingTel looks ideal - just 'play' within the trading range depending on the sentiments prevailing. Cheers!
 
 
CWQuah
    10-Feb-2008 22:41  
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Shucks. I need to correct my previous post.

Instead of a buy at 3.68, it should read 3.58.

Do bear in mind this counter has a pretty high INTRADAY volatility. This is what makes it attractive to do routine range plays.

I agree with Rustyhaster on the significance of the 3.57 level, but as to how much further it will drop, it depends a lot on market sentiment. To give a clue, see what actually happened to the market as a whole on those days Singtel plunged below 3.52. And then take a look at the subsequent few trading days after those plunges.

Nevertheless, I'd like to advocate more caution in these volatile times (there are so many schools of thought on whether the US is heading for recession or whether it is a temporary correction of the excesses).

 

 
 

 
Farmer
    10-Feb-2008 22:01  
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Forget about the resistance/support level for this counter as its trading has been volatile for quite sometime already greatly affected by market sentiment. Just remember to repeat your buy/sell order for now.


I see its long term earning prospect/outlook still intact. With lesser M&A targets(except Vietnam) on the card, excess cash will be return back to share holder in the form of special dividends thus transform it into a dividend play counter in times to come.
 
 
Rustyhaster
    10-Feb-2008 18:34  
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For this singtel, the first bearish resistance test should be at 3.68 followed by the second one at 3.62. It go lower than 3.57 hahaha it will drop even further liao. HAPPY CNY
 
 
winsontkl
    09-Feb-2008 04:01  
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Support level seems to thread lower, similar across the board.....don't get burnt....
 
 
zhenxian
    07-Feb-2008 00:44  
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ya agree totally with CWQuah :) am doing the same thing as well :)

but now i will only buy in below 3.65 :)

 
 
 
CWQuah
    07-Feb-2008 00:24  
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Below 3.68 - Buy. Below 3.50 - Buy and hold.

Above 3.82 - Sell. Above 3.90 - Sell all.

If you can consistently do this every few days... hehe. Just love the ranging patterns.
 
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