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.
a double bottom on SIA will be perfect, with 3times upside potential in the coming years
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...
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
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
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...