SingTel (T48) - Buying for a Song!

I like the Oversold condition. A Double Bottom is set to complete its cycle. The Candlestick already had halted its descend and the prior spinning top was replaced by a bullish one of different color. The CCI  Tilted up towards -100, and was perfectly matched by the RSI of reversed curl up at 36  As with the Price chart the RSI has its higher lower in comparison with its prior low. This confirmed the Candlestick signal and formed impetus to propel upwards. The 61.8% retractment is telling us a reversal northwards is a very good probability. So the Supports stand as 2.42 and 2.33; can be taken as Immediate and Secondary Support respectively. Immediate Resistance 2.58. And when broken, TP of 2.62 can be realized. Cut loss at the Immediate Support of 2.42. For comparison, other view included. My humble hunch is that we are buying The Singing “Telcom”: with a Song! Furthermore, buying now means capitalizing on the good Telcom environment. M1 and StarHub have been “hotting up” in recent trading periods.