Monday, July 18, 2016

SIA: Resistance at 11.00 gave way too as mentioned..... price 11.11..... When Was The BUY Actually ?

Can it hold above 11.00 now…..

Some profit taking seen today…..

A further breakout above 11.20 can see more strength imho….

Let’s see….

Anyway, When was the FIRST BULLISH SIGNAL on my system shown…….?

2 weeks ago actually…….

Entry price at 10.79……

OK, NOT THAT MUCH of a gain over a 2 weeks period…..  

Whatever, money already made…… Protect profits nevertheless….  J

But let’s see if the upside can continue from here still ….


Recent Email:

Sent: Thursday, July 14, 2016 10:02 AM
Subject: ************ SIA: back to key resistance at 11.00.... price 10.99
We have seen SIA traded to the key 11.00 psychological resistance level which was originally the support it broke down from in May. If this resistance were to hold, we can also see some selling pressure near here and possible retracement back to 10.80 too. However, any specific clear price action above this level can see us increasing our long positions to ride the upside further. With target probably at 11.30 then 11.65. 20 day MA hooking upwards finally which can see a short term reversal. MACD positive with it pulling away from the zero mark but we still need more confirmation for more upticks. PTI program will reveal what it is J

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