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Sunday, February 05, 2006

KIm Eng iew on Singtel


SingTel ($2.54)

 Stock turned up gradually after recent correction at 2.68 found support at 2.46. Near-term support 2.52 with bias for 2.58. Further upside to 2.63~2.65 in the week ahead is possible.

 Trade long on any minor pullback to near-term support. The CA eCW060616 at 0.145~0.15 could offer a viable alternative.

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