Thursday, February 17, 2011


Singtel: 3Q results were largely within or slightly beat estimates but houses maintain a lack of positive/negative catalysts to push it out of range-bound trading in the near-term. Counter is probably taking its cue from the general mkt as well. Technical indicate weakness, broke support of $3.03 and is trading below 100 day and 200 day MA as well. Starting to trend downwards with MACD in negative territory. Nxt support at prev low of $2.95

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