SingTel (T48) - To Sell or Not to Sell?

Fundamentally, SingTel (T48) is cash rich. The price now is certainly propped up by the special dividend of an anticipated 18 cents based on $2.5-$3 billion at hand. Analysts’ TP ranged from $2.75 to $2.88. Then again, now to May, who knows, anytime can happen in the stock market?
Technically, Price looks a bit extended, with 45DMA cut down on its 15DMA peer. Candlestick wise, it is not a good sign to have black Candle after a Doji. RSI and CCI already streaming Overbrought!
On the neutral stand are the MACD and the OBV. In case of the MACD, although the envelope showed deteriorating, and the 2 signals are slowly running out of stream, the picture still looks OK. Similarly OBV’s short trend line is not breached.
On the optimist side, I like the ADX which is up 30.7 and the low volume accompanying the price drop.
A decision has to be made, & what is analyzed now can surely be very help on the ground. I've watched closely on the Price Action, and feel that $2.7 resistance is very hard to break. These few prior sessions were the strugglings to maintain at $2.66. So, let’s see what’s next?
In retrospect, my previous calls on the 21Jan 2006 & subsquently on the 6 Feb 2006:
It's Average up Time
Buying for a Song
OCBC Analyst's Report