Midterm Bullish on Singtel
Midterm bullish on Singtel. Looks like an under and over on weekly. Reclaimed range low and it looks like it wants to tag range high.
Here are the bullish scenarios:
1) Tag and reclaim range high and move higher.
2) Tag range high, reject and range. (Most likely scenario)
There is a bearish scenario where price loses range low again and go lower. So far looks low probability.
Here are the bullish scenarios:
1) Tag and reclaim range high and move higher.
2) Tag range high, reject and range. (Most likely scenario)
There is a bearish scenario where price loses range low again and go lower. So far looks low probability.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.