Singtel Technical Analysis (2 March 10)

See it for yourself and make your own judgement.

Support/Resistance:
It also seems to be breaking out of the minor downtrend, this week and next week should confirm the move. One thing to note, the price movement has been around $3 for many weeks already. I will be expecting a major movement very soon.

Indicators:
Looking at the MACD, RSI and Stochastic, the three indicators may be going up.

My Target Price:
My first target sell price will be $3.50.
My first target buy price will be $2.40.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.