SIA BREAKS 5 YEAR DOWNTREND

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