Friday, August 30, 2013

****** Trading Sell: SIA. Share price: 9.44 (CFD SELL TRADE, Follow up from previous SELL)

Following up from previous Sell call made on 21 Aug 2013. SIA has indeed traded lower on the breakdown of 9.90 support last week. Has tested the 9.50 yesterday and broke down today. More downside can be possible with a final target of 9.00. Immediate support at 9.40 and a break below will see it push lower again to find a new 3 years low.
Buy stop at 9.54
 

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