Singapore Airlines (SIA : C6L) targets $7.00 and attempts to bre
Long term DOWNTREND SINCE 010908
Medium term UPTREND since 111021
Short term UPTREND since 311022
Singapore Airlines is 1 of 8 component stocks supporting the rise of the STI at the start of 2023.
The long signal for this recent run started on 311022 at the price of $5.21.
$7.00 is a significant target as it marked the start of last 7 year decline of the stock to a low of $3.20.
PIVOT 5.74
Long positions above $5.74 for $7.00 and $8.65
Short positions below $5.74 for $4.89 and $3.20
Medium term UPTREND since 111021
Short term UPTREND since 311022
Singapore Airlines is 1 of 8 component stocks supporting the rise of the STI at the start of 2023.
The long signal for this recent run started on 311022 at the price of $5.21.
$7.00 is a significant target as it marked the start of last 7 year decline of the stock to a low of $3.20.
PIVOT 5.74
Long positions above $5.74 for $7.00 and $8.65
Short positions below $5.74 for $4.89 and $3.20
Quant Strategic Singapore
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