All You Need To Know About Institutions Buying Singtel Z74 with up to 12% Return Today!

Hello guys!

We're looking at a potential buy setup for $Singtel (Z74.SG)$

And here is why:

1.) On the Daily chart, the price has been in an ascending channel since the beginning of November 2020 to date

2.) Price is now testing a key level at 2.60 where the 38.2% Fibonacci line is.

3.) There might be some potential pullback to catch the bullish momentum with a potential buy entry but if bullish momentum continues, we're looking for the price to go further up to the 2.92 level where the golden 68.2% Fibonacci line is.

4.) With multiple institutions having a buy target price on Singtel such as

CIMB: 3.240

Maybank Research: 3.150

OCBC Investment2.980

Philip Securities: 3.050

RHB Invest: 3.550

UOB Kay Hian: 2.900

These institutions'' buy target price add confluence to my target of the 2.90 level.

Does anyone have a similar bullish view? Let's make some money!

Trade Entry recommendations:

Buy Entry: 2.60

Take Profit: 2.92

Stop Loss: 2.45

Other tickers to recommend:

For 5x Long Leverage: $Singtel 5xLongSG231214 (DBYW.SG)$

For 5x Short Leverage: $Singtel 5xShortSG230713 (DKMW.SG)$

All You Need To Know About Institutions Buying Singtel Z74 with up to 12% Return Today!

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Lee Kuan Yew

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