View On SIA (5 MAY 2020)
Uncle Warren said, he has offloaded all the airline stocks under his portfolio.
Upon looking at the SIA counter, it is already on the decline since 2008 and it may be already very near to the bottom.
From the TA point of view, we are seeing $5 as a decent support level. The price may find it footing there and can launch some bullish swing back movement.
If the swing back occurs, it can go to $6.6 - $7 region. Just be careful.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Uncle Warren said, he has offloaded all the airline stocks under his portfolio.
Upon looking at the SIA counter, it is already on the decline since 2008 and it may be already very near to the bottom.
From the TA point of view, we are seeing $5 as a decent support level. The price may find it footing there and can launch some bullish swing back movement.
If the swing back occurs, it can go to $6.6 - $7 region. Just be careful.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Comment:
UPdate on SIA (13 MAY 2020)
I am wrong on this counter.
We are more things going on than just a TA.
It is not safe to buy in until the price has broken up $4.6 region again.
I am wrong on this counter.
We are more things going on than just a TA.
It is not safe to buy in until the price has broken up $4.6 region again.
Comment:
Update View on SIA (14 MAY 2020)
Personally, I want to get it for some bottom fishing but I will stay out for a while.
It may go lower first.
Reasons:
*PA is very Bearish (momentum).
*Not seeing any stopping volume.
Staying out for now.
Personally, I want to get it for some bottom fishing but I will stay out for a while.
It may go lower first.
Reasons:
*PA is very Bearish (momentum).
*Not seeing any stopping volume.
Staying out for now.
Telegram: t.me/sonictraders
Web: www.sonicrmastery.com
FB Page: www.facebook.com/sonicrcourse
FB Group: www.facebook.com/groups/sonicrsystem
Instagram: www.instagram.com/sonicrmasterycourse
Web: www.sonicrmastery.com
FB Page: www.facebook.com/sonicrcourse
FB Group: www.facebook.com/groups/sonicrsystem
Instagram: www.instagram.com/sonicrmasterycourse
$3.7 - $4.7 shall be strong support.
The cheapest since 1998.
To make money in the market, BUY low, Sell Hugh. No?