LogMyTrade
02-26
$SINGAPORE AIRLINES LTD(C6L.SI)$  Following up from my post yesterday, it seems 6.50 is still holding out as a support area today. 6.50 is also around the the 61.8 Fibonacci retracement from the 7.3 high point. I'll be watching 6.9 which if it do come back up and above this area, then it is hopeful that this down move is just a corrective move. Otherwise if 6.5 is broken, I'll be looking at 6 where it acted as a good support twice (once in May and once in Nov) where it was hit and then moved convincingly to abive 7.3.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment
2