$SIA (C6L.SG)$ testing again on $5.52 let’s hope it breaks t...
$SIA(C6L.SG$ testing again on $5.52 let’s hope it breaks that
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IvanJeanne : This is the 3rd time $SIA (C6L.SG)$ is trying to break. If it doesn't, it's a clear short term bearish until the next quarter report. The company needs to report clear profit and their plans with structured debt, then it will soar. For this reason, I'm not in until there's a confirmed breakout. Momentum has dropped clearly. Otherwise buy the dips.
SinnedmalOP : It needs a big bang to raise above $5.52
No Risk No Gain : This 5.52 a bit fishy. So huge block. More than 1 million.
Small bull IvanJeanne: After so many advertisements, they still can't revive it because it's simple reason: still lost 1 billion last year. Now too much cost arises, I doubt they will profit and will still a big disappointed lost in this year. SIA depends on oversea flight and most countries still not open yet. The countries that advertised opened up are not really open yet and still too lack of passengers. Even travellers to Malaysia this June school holiday had lack of too much difference of momentum compared to the past.