Singtel

Singtel: UOB Kay Hian recommends investors take profit from previous technical Buy. Note that the stock was featured as a technical BUY when it opened at $3.58 on 16 Apr 13. It has since returned 7.3% on closing prices, one tick shy of hitting the target of $3.85. Some profits could be taken off the table should prices fail to close above $3.86 and watch to see if its Stochastics indicator could form a bearish crossover. House institutional research has a fundamental SELL with a TP of $3.41