Looking at the SIA weekly chart, it is obvious that there is a lower high, and a concomitant failure of the 55EMA. 4.15 is the final support, breaking down of this level means more downside.
The MACD, RPM and Volume Divergence are all supportive of the bearish outlook.
Possible to revisit its last low... around 3.50
The MACD, RPM and Volume Divergence are all supportive of the bearish outlook.
Possible to revisit its last low... around 3.50