Singtel (technical)

Singtel: UOB Kay Hian has Technical Buy Call with $3.90 TP and stops at $3.53. Note that the stock has trended above its mid Bollinger band as well as its 50-day moving average and rising trendline. Its MACD and Stochastics indicators have each formed a bullish crossover. Watch to see if the stock could close above $3.64 for further upside. House institutional research has a fundamental SELL with TP of $3.41.