Over the past 2 weeks, the SG aviation sector has come back to life! 🛫🛫
𝐒𝐈𝐀 𝐚𝐧𝐝 𝐒𝐀𝐓𝐒 𝐡𝐚𝐯𝐞 𝐬𝐩𝐢𝐤𝐞𝐝 𝐮𝐩 𝐛𝐲 𝐦𝐨𝐫𝐞 𝐭𝐡𝐚𝐧 𝟓% 𝐢𝐧 𝟏 𝐝𝐚𝐲 with thousands flooding SIA website to make travel bookings. 💪
And that was because of the Singapore government extending its vaccinated trading lanes to 9 more countries..
So is it too late to get in on SIA and SATS now that they have already gone up? 😅
𝐎𝐑 𝐈𝐒 𝐓𝐇𝐈𝐒 𝐣𝐮𝐬𝐭 𝐭𝐡𝐞 𝐛𝐞𝐠𝐢𝐧𝐧𝐢𝐧𝐠 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐜𝐨𝐯𝐞𝐫𝐲 𝐩𝐫𝐨𝐜𝐞𝐬𝐬?
Joey here, Top Tier Remisier and trader in Phillip Securities.
Well, watch this video as i share some of the new developments that has played out in this sector before I dive into the charts of each of them.
For those of you who are thinking to wait for price to head lower to where we were last year before getting in, you need to think twice.
The recovery may have just 𝐚𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐞𝐝 𝐟𝐚𝐬𝐭𝐞𝐫. 👀👀
We also saw some bullish signals on my system over the past few weeks, will be interesting to see how it plays out in the next few months.
Watch here >> https://youtu.be/x1Z47QLd0S4
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