Over the past 2 week, on the back of news of a vaccine arriving soon, we have seen counters like SIA that were badly affected by the pandemic rebounding. 🛫
It is indeed a much needed rebound after the selling since February when the pandemic escalated. 😄
SIA has seen a rebound of more than 25% over the past 2 weeks, and many have asked 𝐢𝐟 𝐢𝐭 𝐢𝐬 𝐭𝐢𝐦𝐞 𝐭𝐨 𝐫𝐮𝐬𝐡 𝐢𝐧 𝐭𝐨 𝐛𝐮𝐲 𝐍𝐎𝐖, 𝐨𝐫 𝐦𝐚𝐲𝐛𝐞 𝐭𝐨 𝐭𝐚𝐤𝐞 𝐩𝐫𝐨𝐟𝐢𝐭 𝐟𝐨𝐫 𝐭𝐡𝐨𝐬𝐞 𝐰𝐡𝐨 𝐡𝐚𝐯𝐞 𝐠𝐨𝐭 𝐢𝐧 𝐞𝐚𝐫𝐥𝐢𝐞𝐫.
Joey here, Top Tier Remisier in Phillip Securities.
Well, watch this video recorded 24 Nov 20 live as I share more on the levels that you want to be careful where some 𝐬𝐞𝐥𝐥𝐢𝐧𝐠 𝐩𝐫𝐞𝐬𝐬𝐮𝐫𝐞 𝐦𝐚𝐲 𝐫𝐞𝐭𝐮𝐫𝐧.
In the short term, indeed, we have seen some signs of strength as explained in the video but longer term wise,
it may still take a while for the whole crisis to resolve and for travel sector to pick up.
Check out what are the key levels to note. >> https://youtu.be/IwUTG9YEL8E
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