Monday, December 14, 2020

Technical Analysis Dec 2020: Singapore Airlines Ltd (SGX: C6L)



Singapore Airlines Ltd (SGX: C6L)

Observation from chart:- 

SIA (SGX: C6L)  forming triangle pattern.

Will it breakout resistance & go higher? 

Other indicators:- 
MACD trade @ positive region, uptrend sign. 
Stochastic %K on SELL call itinerary. 

Immediate resistance @ triangle resistance level 
Subsequent resistance @ $4.60 level. 

Immediate support @ triangle support level. 
Subsequent support @ $4.11 level. 

Let's watch closely Disclaimer

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