Travel-related stocks SATS, SIA break out of key levels, taking STI to 5-month high
The Edge Singapore Published on Fri, Nov 13, 2020 / 8:36 PM GMT+8
A-
A
A+
Among the stocks that have moved above resistances and the 50- and 100-day moving averages is Singapore Airlines, which closed at $3.83, taking it above the top of a base area at $3.59 to $3.82. SIA rose to a high of $3.92 before easing. Ideally, support is at $3.82, implying that prices should push higher from current levels when trading resumes in the week of Nov 16-20. The break above $3.82 indicates an upside of $4.25.
Have a premium account? Sign in to continue reading.
Unlimited access to all stories from $99.9/year*
The latest reporting and analysis from business and investments to news and views on social issues.
Home 
