Nothing much to say. If you don't know SIA, then forget this and move on. If you know what SIA is, this opportunity should not be missed. Amazing set-up , great risk reward.
Rejected at support. Will fill the gap before moving on.
a double bottom on SIA will be perfect, with 3times upside potential in the coming years
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After bouncing from the bottom, prices are consolidating in the...
The long signal on the day charts at 5.29 on 180722 puts SIA on a multiple timeframe uptrend with a target of $7.05. Long term REBOUND since 01 March 2021 Medium Term UPTREND since 11 Oct 2021 Short term REBOUND since 18 Jul 2022 PIVOT 5.17 Long positions above 5.17 for 7.05 and 8.68 Short positions below 5.17 for 4.96 and 3.98
SINGAPORE (May 6): Sunningdale Tech, the precision plastic manufacturer, reported 1Q2020 earnings of $2.4 million, up 205.3%. Excluding the impact from foreign exchange, retrenchment costs, and other items, Sunningdale’s core net profit would have been $0.3 million for 1Q20, down 86.3% y-o-y.
SIA gapped up to hit an intraday high of 5.62 on 111021 and is now in a multiple timeframe uptrend. Long Term BASEFORMING since 150321 Medium Term UPTREND since 111021 Short Term uptrend since 041021 PIVOT 5.22 long positions above 5.22 for 7.05 and 8.65 Short positions below 5.22 for 4.80 and 3.58
The short term charts are long $5.05 on the dailies on 041021 with a target of $5.72, the week supertrend resistance in the near term. A break of $5.72 above will confirm the recovery bounce on the Monthly Charts that seeks to move back to $7.05, the break down level since 3rd August 2018 putting SIA into a 3 year downtrend. Long Term BASEFORMING since...
Bias upside as Singapore open more vaccinated countries to travel. Ascending triangle. Break $5.20 may see $5.70 next. Break below $4.79 will be otherwise.
Long Signal at $5.15 on 060721 holds valid as long as the daily supertrend pivot at $4.81 supports the range. The short signal on the weekly charts on 100521 at $4.77 will be negated if $5.72 is broken and held to the upside. A break of $5.72 will test $7.05, the breakdown level of SIA shares since 030815. Long Term BASEFORMING since 150321 Medium Term...
Struggling airlines have always been the target of bottom picking from Traders; simply because "It's cheap now!" But is the risk worth it? There is a saying in the stock market "Buy Low, Sell High". Sadly though, the reality is usually "Buy high, sell higher" or "Buy low, sell lower" We have seen from examples such as Sembcorp Marine that traders who chose to...
The possible worst is over, market cycle low should be in.
The short signal on 150421 at $5.45 has reached its down side target at $4.88 and has now broken the weekly pivot support with a short at $4.77 on the medium term targeting $3.23 on the monthly pivot support. LONG TERM BOUNCE SINCE 150321 MEDIUM TERM DOWNTREND SINCE 100521 SHORT TERM DOWNTREND SINCE 150421 Pivot $4.97 Short positions below 4.97 for 4.54 and...
TICKER CODE: C6L Company Name: Singapore Airlines Ltd. Industry: Passenger Airlines | Transportation/Logistics | Singapore Technical Analysis 1. Large Pennant / Falling Wedge Pattern Brokeout and Retraced already 2. Large Head & Shoulders 3. Fibonacci Retracement at 0.786 ( Silver Zone) 4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length...
Prices are approaching our ascending trend line, in line with our fibonacci confluence levels where we could see a bounce here.
Singapore Airlines broke the long term downtrend that started in Aug 2015 with a close at $5.70 surpassing our target at $5.46. PIVOT 5.27 Long positions above 5.27 target 5.75 and 7.05 Short positions below 5.27 target 4.91 and 4.63 Long Term UPTREND since 190321 Medium Term UPTREND since 161120 Short term UPTREND since 051120