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$Singtel (Z74.SG)$ may see some rebound tmr
$Singtel (Z74.SG)$ may see some rebound tmr
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takamasa1028 : Why
Billylouu : I am already mentally prepared for singtel to drop below $2 following a weak weekly trend...its my worst performing stock for the whole of 2021...omg...cry![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
dirty_fishhohoho OP Billylouu : Not possible to drop to $2.
Likely trade within 2.2 - 2.6 range unless Singtel is able to make surprising good/bad financial report.
Billylouu : in Jan 2021 it already hit $1.8. in the weekly chart, the price keeps getting hit by the MA. If following these trends and singtel does not improve, the only way down is to break new lows esp when this omicron is not well studied for a cure yet. What the world is doing now is a stop gap using vaccines which we hardly knows how long it can work and its side effects. It is not viable to keep taking booster shots every 4-6mths indefinitely which will wear ppl and resources out. the lowest line for price to touch is already at below 2. That is why i am not surprise it can enter that region again in 2022. Can i understand whats your basis that it wun drop below $2
dirty_fishhohoho OP Billylouu : The lowest price during covid 19 period is 2 dollar. Previous low is 2.21 which is before singtel release good financial result. So even with 200mil tax it should not perform as bad as before.
In long term singtel maybe hard to find growth point but you have to factor the dividend they payout is quite attractive to local investors.
Billylouu dirty_fishhohoho OP : my apologies. i have gotten the date wrong. 11/02 is actually 2nd Nov 2020. You may change to weekly chart and check out that weekly bar.
dirty_fishhohoho OP Billylouu : Your chart setting maybe incorrect so you see $1.8 instead of $2. For chart analysis, you need to choose actual value.
Billylouu dirty_fishhohoho OP : The price chart is from Moomoo, you might wish to double check. If the data is wrong, moomoo ought to rectify this issue. Would be good if you can do a double check as well. i have just checked and still seeing the same.
Billylouu dirty_fishhohoho OP :
dirty_fishhohoho OP Billylouu : There is a setting to display share price before adjust and after adjust and not adjust.
Very simple, you double check sgx chart and compare then you know
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