SIA and SATS - TIME TO GET IN AGAIN ON A DISCOUNT?

 

Over the past 3 weeks, we have seen some weakness coming back to the tourism and travel related sectors. 🛬🛬

 

This is due to the 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐬𝐢𝐭𝐮𝐚𝐭𝐢𝐨𝐧 that is happening around the world.😷

 

We have seen counters like SIA and SATS breaking some of the key support levels and thus heading lower.

 

So now that they have already retraced lower by more than 10% from 3 weeks back,

 

𝐢𝐬 𝐢𝐭 𝐚 𝐠𝐨𝐨𝐝 𝐭𝐢𝐦𝐞 𝐭𝐨 𝐬𝐭𝐚𝐫𝐭 𝐥𝐨𝐨𝐤𝐢𝐧𝐠 𝐚𝐭 𝐠𝐞𝐭𝐭𝐢𝐧𝐠 𝐢𝐧 𝐚𝐭 𝐚 𝐛𝐚𝐫𝐠𝐚𝐢𝐧 𝐚𝐠𝐚𝐢𝐧?

 

 

Joey here, Top Tier Remisier in Phillip Securities.

 

Join me in this video as we take a look at what my 𝟏𝐆𝐓 (𝐎𝐧𝐞 𝐆𝐨𝐨𝐝 𝐓𝐫𝐞𝐧𝐝) 𝐬𝐲𝐬𝐭𝐞𝐦 says...

 

We actually had some bullish signals over the past few months before the recent sell down. 🐮

 

So was there any exit? If yes, then any new bullish signal for entry again?

 

We will take a look at this system before diving into the charts to see what it says and what are some of the 𝐠𝐨𝐨𝐝 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 𝐥𝐞𝐯𝐞𝐥𝐬 𝐰𝐡𝐞𝐫𝐞𝐛𝐲 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥𝐥𝐲 𝐭𝐡𝐢𝐧𝐤 𝐚𝐛𝐨𝐮𝐭 𝐫𝐢𝐝𝐢𝐧𝐠 𝐭𝐡𝐞 𝐫𝐞𝐛𝐨𝐮𝐧𝐝 𝐛𝐚𝐜𝐤 𝐮𝐩. 👀👀

Let's find out > https://youtu.be/cpR0oF4wc9U