STI drop 1.5% / SingTel / SGX

SingTel

Dropped over 3% in today’s session, with huge volume
Stochastic in the oversold region
Broke psychology $4 support
Broke 200 days moving average at about $4.03
Lookout for rebound before enter as this could just be the first day of drop

SingTel

SGX

Gapped down
Stochastic approaching oversold region
I’m looking at around $7.95 for entry after rebound, if this fall continues.
For further upside after $8.40, the gap (circled in red) has to be filled.

SGX

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