Friday, March 5, 2021

𝐒𝐆 𝐀𝐯𝐢𝐚𝐭𝐢𝐨𝐧 𝐒𝐞𝐜𝐭𝐨𝐫 - 𝐑𝐞𝐜𝐨𝐯𝐞𝐫𝐲 𝐨𝐟 𝐒𝐈𝐀 𝐚𝐧𝐝 𝐒𝐀𝐓𝐒 𝐢𝐧 𝐏𝐫𝐨𝐠𝐫𝐞𝐬𝐬?

Over the past 2 weeks, we have seen funds shifting away from the Tech sector and 𝐩𝐢𝐥𝐢𝐧𝐠 𝐛𝐚𝐜𝐤 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐫𝐞𝐜𝐨𝐯𝐞𝐫𝐲 𝐩𝐥𝐚𝐲𝐬 like SIA and SATS.. 🛫🛫 😉

 

Both of these companies were hit badly due to the pandemic last year and sold off by more than 40% till we found a bottom somewhere in October last year.😷

 

THEN the reversal happened fast when there were talks about a 𝐕𝐀𝐂𝐂𝐈𝐍𝐄 in early Nov last year.. 💉💉

 

But profit taking came back and both retraced lower.

 

 

𝐒𝐨 𝐢𝐬 𝐭𝐡𝐞 𝐫𝐞𝐜𝐞𝐧𝐭 𝐫𝐮𝐧 𝐮𝐩 𝐚𝐠𝐚𝐢𝐧 𝐣𝐮𝐬𝐭 𝐚 𝐭𝐞𝐦𝐩𝐨𝐫𝐚𝐫𝐲 𝐫𝐞𝐛𝐨𝐮𝐧𝐝 𝐨𝐫 𝐢𝐬 𝐢𝐭 𝐭𝐡𝐞 𝐬𝐭𝐚𝐫𝐭 𝐨𝐟 𝐚 𝐥𝐨𝐧𝐠𝐞𝐫 𝐭𝐞𝐫𝐦 𝐫𝐞𝐜𝐨𝐯𝐞𝐫𝐲? 😳

Joey here, Top Tier Remisier in Phillip Securities.

 

Well, join me in this video as I talked about how there were already some signs of the reversal playing out.

 

In the short term, we may actually see some selling BUT,

 

𝐓𝐇𝐄 𝐓𝐇𝐈𝐍𝐆 𝐢𝐬, 𝐭𝐡𝐞 𝐥𝐨𝐧𝐠𝐞𝐫 𝐭𝐞𝐫𝐦 𝐫𝐞𝐜𝐨𝐯𝐞𝐫𝐲 may just be at the beginning.🤞

 

So you want to see how you can start to position yourself and not be left out as long as these key NEW supports hold. 👈

 

Watch here >> https://youtu.be/mg6mfS0oD9o

 

 

 

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