Monday, May 15, 2017

SIA Engineering: Testing the 4.00 for the next upwards phase, price 3.99. Did you ride since Jan?

Over the past few months, since first covering SIA Engineering in Jan this year, we have finally seen our target hit at 4.00 today…

Just to recap, in January, we were seeing it trade below the key 3.50 resistance level before some positive actions.

A breakout occurred above 3.50 eventually as predicted and up it went to about 4.00 now.

Note that any firm move above 4.00 can still see more strength towards 4.30 as per arrows drawn in the below chart.

Uptrend still looks firmly intact above 4.00 now.

For now, there can be some profit taking near 4.00 which is normal.... 

System wise, the bullish signal still has no exit, PTI grads can check.... shhh....

Feels good to see the arrows drawn on the charts months ago play out one after another...... J

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Recent Emails:

Sent: Thursday, May 11, 2017 10:07 AM
Subject: ***** SIA Engineering: May face some selling pressure near 4.00 for now, price 3.96

Sent: Tuesday, May 09, 2017 9:31 AM
Subject: ****** SIA Engineering: Upwards reversal still in progress, price 3.93

For illustration purpose only

Sent: Wednesday, February 08, 2017 11:51 AM
Subject: ***** SIA Engineering: Pushing higher, price 3.61

Sent: Tuesday, February 7, 2017 10:32 AM
Subject: ***** SIA Engineering: Finally a move again, price 3.57

Sent: Wednesday, February 01, 2017 10:57 AM
Subject: ****** SIA Engineering: Action came above 3.50 as mentioned, price 3.54

Sent: Thursday, January 19, 2017 3:25 PM
Subject: ******* SIA Engineering: Still consolidating but may see some actions soon, watching, price 3.48

For illustration purpose only

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