SIA

C6L SGX

lixing_gan

Prices are approaching our ascending trend line, in line with our fibonacci confluence levels where we could see a bounce here.

gekkohot

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

multiassetxplorations

Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. C6L (SGX) - Continue Bullish

ella519

SIA broke above 38%, more upside towards the 61.8% fib retracement !

Auguraltrader

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

trilliondollar

The tailwinds are obvious - Singapore is gradually opening up to other countries. Airlines and travel industry is going to receive a lot of support (both consumer, government and businesses) and recover from covid eventually. Singapore Airlines is one the best international airlines in the world and is a safe long term play. The stock price is consolidating with...

charlielmao123

As we can see, it has been in a prolonged downtrend since 2019 with the 20day ma acting as resistance for the 8 day ma. But alas, the 8day ma has reclaimed not only the 20day ma, but also the 200 day ma, and is now consolidating nicely. this is apart from the bullish divergences and hidden bullish divergences previously which fuelled the 200ma reclaim. The...

ella519

SIA has been moving sideways and is seeing trendline breakout to the upside ! MACD is also showing bullish sentiment building slowly.

dchua1969

When we look at investment returns, we need to be clear on a few things ! 1. Timeline of investment - that means the time frame you are looking to make your returns on investment. Is it 1 year, 5 years or 20 years? So, when I asked this questions to many friends, they answered as a matter of fact - Of course, the sooner the better. Fair enough but how about the...

ella519

PM LEE 's announcement of Phase 3 is opening upside for SIA! The forecast of getting 80% of the population vaccinated by Q3 of next year is well ahead of our expectation! SIA should recover faster than expected in coming days!

SuperQueen

a great way to fly again ?

ella519

SIA on key support of trendline and stochastics, more upside !

dchua1969

I was bearish on travel and tourism related shares globally since my early posts on SIA, Cathay Pacific, Delta Airlines, Boeing , etc. Now, I am cautiously bullish on airline stocks and some related tourism stocks which I will cover them shortly. For SIA, it does not have the benefits like China where it not only recovers fast from Covid-19 but it has large...

kshitij_libra

Rejected at support. Will fill the gap before moving on.

Juliac

After lying low for about almost 4 months, news of Pfizer covid19 vaccine being 90% successful led to a breakaway gap on strong volume. The stock looks on track for a recovery with 3.80 as the "resistence turned support". However, as there are lots of resistences on the way up, I would consider to scale out partially around 4.40-4.50, then trail the stops up for...

MyTradingAnxiety

Technical Analysis Currently, $C6L is trading within a Descending Channel chart pattern, where it has been making a series of Lower Highs and Lower Lows since 23/3/2020. As of 6/10/2020, the price closed at $3.500, at an area within the Descending Channel. We notice that recently, on 23/9/2020, $C6L has made a Higher Low, with reference from the Low preceding it...

ABFX6

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.

MyTradingAnxiety

In this post, I will be going in detail with regards to my view of $C6L from a technical perspective. As of the time that I am writing this post, $C6L is trading at $3.560. I am fully aware that, right now, it may not be the best time to invest in the airline industry due to the uncertainties that surround it. We do not know when a vaccine will be developed, we...