$SIA (C6L.SG)$ Since the RSI hit 92.6, SIA has fallen 11.7% ...
Since the RSI hit 92.6, SIA has fallen 11.7% from the 8.05 peak. The bearish MACD crossover also confirmed the trend reversal to down.
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soyabean89 : Bull sensei what will be your target price to buy in? Whats your view of the rumoured july fed hike on travel industry?
bullrider_21OP soyabean89: I think it may fall to around 6.90- 7.00. I think if CPI, PPI or other inflation are still falling, there is a chance that the Fed may hold rates steady. I think there may be some buying ahead of SIA's results and before it goes XD.
soyabean89 bullrider_21OP: Thank you very much on the insights!
bullrider_21OP soyabean89: np.