Showing posts with label SIA. Show all posts
Showing posts with label SIA. Show all posts

Thursday, January 11, 2024

𝐒𝐈𝐀 𝐒𝐭𝐨𝐜𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: 𝐃𝐢𝐬𝐜𝐨𝐯𝐞𝐫 𝐭𝐡𝐞 𝐇𝐢𝐝𝐝𝐞𝐧 𝐎𝐧𝐠𝐨𝐢𝐧𝐠 𝐑𝐞𝐯𝐞𝐫𝐬𝐚𝐥 🛫

 

It has experienced a massive sell down since June last year by close to 30%.

 

However, it seems like the reversal back up has begun recently. Is this the start of more strength?  💪🤓

 

What are some of the key levels to watch right now?

 

Revealed here >> https://youtu.be/4iHfuZlj84A

 

Thursday, November 23, 2023

𝐈𝐬 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞 𝐀𝐢𝐫𝐥𝐢𝐧𝐞𝐬 (𝐒𝐈𝐀) 𝐒𝐭𝐨𝐜𝐤 𝐅𝐢𝐧𝐚𝐥𝐥𝐲 𝐑𝐞𝐜𝐨𝐯𝐞𝐫𝐢𝐧𝐠? | 𝐏𝐫𝐢𝐜𝐞 𝐓𝐚𝐫𝐠𝐞𝐭 𝐏𝐫𝐞𝐝𝐢𝐜𝐭𝐢𝐨𝐧

 

We saw some massive moves in May where it surged by more than 30% but then selling returned and it has traded back to where we were. 😢🤞

 

The question is, is the worst over?

 

Are there signs of a reversal back up again after 5 months of weakness? 🌈👀

 

Watch this video to find out >> https://youtu.be/BjrmW2_8BCE

 

Sunday, July 30, 2023

𝐔𝐧𝐯𝐞𝐢𝐥𝐢𝐧𝐠 𝐭𝐡𝐞 𝐓𝐫𝐮𝐭𝐡: 𝐈𝐬 𝐭𝐡𝐞 𝐑𝐞𝐯𝐞𝐫𝐬𝐚𝐥 𝐨𝐟 𝐒𝐈𝐀 𝐒𝐭𝐨𝐜𝐤 𝐒𝐭𝐢𝐥𝐥 𝐢𝐧 𝐅𝐮𝐥𝐥 𝐒𝐰𝐢𝐧𝐠? (𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞 𝐀𝐢𝐫𝐥𝐢𝐧𝐞𝐬)

 

Singapore Airlines (SIA) stock has been one of the best performers in the Singapore market this year 2023.

 

We saw some massive moves in May where it surged by more than 30% but then some selling returned.

 

The question is, is the reversal over?

 

Or could it just be the beginning of more upside to come?

 

Watch this video to find out >> https://youtu.be/cegKVLcPoCg

 

 

 

Friday, May 26, 2023

𝐅𝐫𝐨𝐦 𝐓𝐮𝐫𝐛𝐮𝐥𝐞𝐧𝐜𝐞 𝐭𝐨 𝐓𝐚𝐤𝐞𝐨𝐟𝐟: 𝐖𝐡𝐲 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞 𝐀𝐢𝐫𝐥𝐢𝐧𝐞𝐬 (𝐒𝐈𝐀) 𝐒𝐭𝐨𝐜𝐤 𝐈𝐬 𝐒𝐞𝐭 𝐭𝐨 𝐒𝐨𝐚𝐫

 

With some really decent profits announcement last week, we have seen bullishness coming back to SIA again.

 

Discover why Singapore Airlines is poised to soar above the turbulence and find out how you can capitalize on this incredible opportunity.

 

We will dive into the charts to see what it says and where we can potentially head to in 2023.

 

Watch  here >> https://youtu.be/VUiRqSYxW3I

 


Thursday, December 2, 2021

𝐒𝐆 𝐀𝐯𝐢𝐚𝐭𝐢𝐨𝐧: 𝐒𝐈𝐀, 𝐒𝐀𝐓𝐒, 𝐒𝐈𝐀 𝐄𝐧𝐠𝐢𝐧𝐞𝐞𝐫𝐢𝐧𝐠 | 𝐓𝐈𝐌𝐄 𝐓𝐎 𝐁𝐀𝐑𝐆𝐀𝐈𝐍 𝐇𝐔𝐍𝐓 𝐎𝐍 𝐎𝐌𝐈𝐂𝐑𝐎𝐍?

 

Over the past week, due to the emergence of the new Omicron variant, we have seen the aviation sector around the world hit again. 😷🛬

 

Singapore Airlines is definitely not spared with it breaking a key support level.

 

So where are we now and can it actually be a 𝐠𝐨𝐨𝐝 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐭𝐨 𝐛𝐚𝐫𝐠𝐚𝐢𝐧 𝐡𝐮𝐧𝐭 𝐨𝐧 𝐫𝐞𝐜𝐞𝐧𝐭 𝐰𝐞𝐚𝐤𝐧𝐞𝐬𝐬?

 

 

Joey here, Top Tier Remisier and trader in Phillip Securities.

 

Watch this video as I dive into the charts of 𝐒𝐈𝐀 𝐚𝐧𝐝 𝟐 𝐦𝐨𝐫𝐞 𝐨𝐭𝐡𝐞𝐫 𝐒𝐆 𝐚𝐯𝐢𝐚𝐭𝐢𝐨𝐧 𝐬𝐭𝐨𝐜𝐤𝐬 and how recent weakness can actually be an opportunity especially if we near certain areas of value.. 👀✌️

 

We are approaching some of those good support levels that have been holding since 6 months back and where we have seen multiple rebounds..

 

Watch here >> https://youtu.be/aPU2T_UniKw

 

 

 

Check out what they are and how you can think about getting in again on dips to catch the potential recovery just like what we have seen after Delta variant in May...

Tuesday, October 19, 2021

𝐈𝐬 𝐈𝐭 𝐓𝐨𝐨 𝐥𝐚𝐭𝐞 𝐭𝐨 𝐠𝐞𝐭 𝐢𝐧 𝐨𝐧 𝐒𝐈𝐀 & 𝐒𝐀𝐓𝐒 𝐭𝐨 𝐑𝐢𝐝𝐞 𝐭𝐡𝐞 𝐑𝐞𝐜𝐨𝐯𝐞𝐫𝐲? (𝐁𝐔𝐋𝐋𝐈𝐒𝐇 𝐒𝐈𝐆𝐍𝐀𝐋 𝐒𝐏𝐎𝐓𝐓𝐄𝐃!)

 

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

 

 

 

Thursday, September 2, 2021

𝐈𝐬 𝐭𝐡𝐞 𝐖𝐨𝐫𝐬𝐭 𝐎𝐯𝐞𝐫 𝐟𝐨𝐫 𝐒𝐈𝐀 𝐚𝐧𝐝 𝐒𝐀𝐓𝐒? (𝐖𝐇𝐄𝐍 𝐓𝐎 𝐆𝐄𝐓 𝐈𝐍 𝐀𝐍𝐃 𝐖𝐇𝐄𝐑𝐄)

Just 5 months back in April, we saw a 20% sell down in these aviation stocks as the world went into lock downs again due to the new variant. 😷😷

 

There was fear that things could go out of control again and hence the massive selling!

 

𝐒𝐨 𝐰𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐰𝐞 𝐚𝐭 𝐧𝐨𝐰 𝐚𝐧𝐝 𝐢𝐬 𝐭𝐡𝐞 𝐰𝐨𝐫𝐬𝐭 𝐨𝐯𝐞𝐫? 🌈

 

 

Joey here, Top Tier Remisier and trader in Phillip Securities.

 

Watch this video as we discover the new levels that has played out for both of these 2 stocks over the past few months.

 

What are some 𝐍𝐄𝐖 𝐒𝐔𝐏𝐏𝐎𝐑𝐓𝐬 where it can actually be a bargain 𝐓𝐎 𝐏𝐎𝐒𝐈𝐓𝐈𝐎𝐍 𝐲𝐨𝐮𝐫𝐬𝐞𝐥𝐟 to ride the recovery phase.  👈🤓

 

If we were to break some of those key resistance where sellers are still coming back, the upside reversal can continue more firmly, see what they are.

 

CLICK HERE TO WATCH >> https://youtu.be/KVJeKQVWTKk

 

 

 

 

 

 

Friday, June 11, 2021

𝐒𝐈𝐀 - 𝐈𝐒 𝐈𝐓 𝐓𝐈𝐌𝐄 𝐓𝐎 𝐆𝐄𝐓 𝐈𝐍 𝐀𝐆𝐀𝐈𝐍? (𝐑𝐄𝐕𝐄𝐑𝐒𝐀𝐋 𝐈𝐍 𝐏𝐑𝐎𝐆𝐑𝐄𝐒𝐒!)

 

Where can SIA head to now after past 2 months of weakness? Have we bottomed out yet? 😎

 

𝐀𝐫𝐞 𝐰𝐞 𝐩𝐨𝐢𝐬𝐞𝐝 𝐟𝐨𝐫 𝐚 𝐫𝐞𝐛𝐨𝐮𝐧𝐝 and if yes, then potentially to where? 🛫🛫️🎯

 

 

Joey here, Top Tier Remisier in Phillip Securities.

 

Watch this video as I 𝐁𝐑𝐄𝐀𝐊𝐃𝐎𝐖𝐍 𝐭𝐡𝐞 𝐜𝐡𝐚𝐫𝐭 𝐨𝐟 𝐒𝐈𝐀 𝐚𝐧𝐝 𝐚𝐥𝐬𝐨 𝐬𝐡𝐨𝐰 𝐲𝐨𝐮 𝐚 𝐬𝐢𝐠𝐧𝐚𝐥 that has came out on my system recently.

 

It seems like the upside reversal is still playing out from this signal but this level is crucial, see what it is. 👍

 

You'll get to discover what are some of the levels where profit taking might set in again and why..

 

Watch here >> https://youtu.be/jXlMtL430Jo

 

 

 

Friday, May 7, 2021

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

 

 

Sunday, April 11, 2021

𝐒𝐈𝐀 𝐒𝐭𝐨𝐜𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: 𝐓𝐢𝐦𝐞 𝐭𝐨 𝐁𝐮𝐲 𝐍𝐨𝐰? (𝐏𝐫𝐢𝐜𝐞 𝐓𝐚𝐫𝐠𝐞𝐭 𝐑𝐞𝐯𝐢𝐬𝐢𝐨𝐧!)

Just about a month back, I talked above SIA in a video and how the uptrend reversal could have only just begun..

 

Since then, we have risen by another 10% and I have some asking if there can still be more strength ahead..

 

or perhaps 𝐢𝐭 𝐢𝐬 𝐭𝐢𝐦𝐞 𝐭𝐨 𝐭𝐚𝐤𝐞 𝐩𝐫𝐨𝐟𝐢𝐭𝐬 𝐚𝐧𝐝 𝐠𝐞𝐭 𝐨𝐮𝐭 𝐚𝐥𝐫𝐞𝐚𝐝𝐲? 😬

 

 

Hey there, Joey here, Top Tier Remisier in Phillip Securities.

 

Over the past few weeks, we have pushed higher indeed BUT THEN,

 

some selling came back with some profit taking too..

 

𝐒𝐨 𝐢𝐬 𝐢𝐭 𝐚𝐥𝐥 𝐝𝐨𝐨𝐦 𝐚𝐧𝐝 𝐠𝐥𝐨𝐨𝐦 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐚𝐯𝐢𝐚𝐭𝐢𝐨𝐧 𝐬𝐞𝐜𝐭𝐨𝐫 or is it on a path to recovery, especially with vaccines getting rolled out all around the world...

 

Watch this video all the way to the end to find out why though it has rebounded by more than 30% since the beginning of the year,

 

it could only be just the 𝐁𝐄𝐆𝐈𝐍𝐍𝐈𝐍𝐆 𝐨𝐟 𝐚 𝐥𝐨𝐧𝐠𝐞𝐫 𝐭𝐞𝐫𝐦 𝐫𝐞𝐯𝐞𝐫𝐬𝐚𝐥. 👈👈

 

This support level that I talk about in the video will be key for now and i am still bullish with prices holding above it.

 

See what I mean  >> https://youtu.be/KiHDGfq1qdU

 

 

 

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

 

 

 

Wednesday, November 25, 2020

𝐒𝐈𝐀 - 𝐌𝐨𝐫𝐞 𝐭𝐡𝐚𝐧 𝟐𝟓% 𝐑𝐞𝐛𝐨𝐮𝐧𝐝 𝐢𝐧 𝟐 𝐖𝐞𝐞𝐤𝐬, 𝐓𝐢𝐦𝐞 𝐭𝐨 𝐆𝐞𝐭 𝐎𝐮𝐭?

 

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

 

 

 

 

Tuesday, August 11, 2020

𝐒𝐆 𝐀𝐯𝐢𝐚𝐭𝐢𝐨𝐧 𝐒𝐞𝐜𝐭𝐨𝐫 - 𝐇𝐨𝐰 𝐢𝐬 𝐒𝐈𝐀 𝐚𝐧𝐝 𝐒𝐀𝐓𝐒 𝐃𝐨𝐢𝐧𝐠? (𝐂𝐚𝐮𝐭𝐢𝐨𝐮𝐬 𝐟𝐨𝐫 𝐍𝐨𝐰!)


3 weeks back, I talked about both SIA and SATS in a video..


I mentioned that there could potentially be 𝐦𝐨𝐫𝐞 𝐖𝐄𝐀𝐊𝐍𝐄𝐒𝐒 and how it will take a while for this sector to recover from the current pandemic. 😷


Trend indicators were also looking weak in the mid to long term and there were some downside targets drawn. 📉📉


𝐒𝐞𝐥𝐥𝐞𝐫𝐬 𝐣𝐮𝐬𝐭 𝐬𝐞𝐞𝐦 𝐭𝐨 𝐛𝐞 𝐥𝐮𝐫𝐤𝐢𝐧𝐠 𝐚𝐫𝐨𝐮𝐧𝐝 and it was only a matter of time where they start to push prices lower. 😭




Hey Guys, Joey here, Top Tier Remisier in Phillip Securities.


Over the past 2 weeks, we have indeed more selling and SIA traded to an 𝐀𝐋𝐋 𝐓𝐈𝐌𝐄 𝐋𝐎𝐖 of about 3.20..


And then a 𝗥𝗘𝗕𝗢𝗨𝗡𝗗 SEEN...


So is the 𝐖𝐎𝐑𝐒𝐓 𝐑𝐄𝐀𝐋𝐋𝐘 𝐎𝐕𝐄𝐑 for the aviation sector?


What about 𝐒𝐀𝐓𝐒 that has also pushed lower from when we first covered it.. 😢


Well, watch this video recorded 11 August 2020 to see where we are NOW,


and WHAT are some of the key Levels which can determine if the downtrend is still intact 𝐈𝐅 we do stay below them.






Thursday, July 16, 2020

𝐈𝐬 𝐢𝐭 𝐭𝐡𝐞 𝐓𝐢𝐦𝐞 𝐭𝐨 𝐁𝐔𝐘 𝐒𝐈𝐀 𝐚𝐧𝐝 𝐒𝐀𝐓𝐒? (𝐀𝐯𝐢𝐚𝐭𝐢𝐨𝐧 𝐒𝐞𝐜𝐭𝐨𝐫 𝐑𝐞𝐜𝐨𝐯𝐞𝐫𝐢𝐧𝐠?)



Just 2 months back, I did a video on both SIA and SATS, 🤔


I mentioned how this sector will take a while to recover and we may 𝐬𝐭𝐢𝐥𝐥 𝐬𝐞𝐞 𝐖𝐄𝐀𝐊𝐍𝐄𝐒𝐒 even though some upside can happen in the short term. 🛫🛫


Sellers can still return to take prices lower and we want to be careful as there are still 𝐬𝐢𝐠𝐧𝐬 𝐨𝐟 𝐚 𝐝𝐨𝐰𝐧𝐭𝐫𝐞𝐧𝐝 in the mid to long term.. 📉


Joey here, Top Tier Remisier in Phillip Securities.




Well, over the past 1 month, 2 of them have rebounded slightly but then 𝐃𝐎𝐖𝐍𝐒𝐈𝐃𝐄 targets were drawn again.. ️🎯


It seems like we have pushed lower so the question is:


"𝗜𝘀 𝗶𝘁 𝘁𝗶𝗺𝗲 𝘁𝗼 𝗕𝗨𝗬 𝘁𝗵𝗲𝗺 𝗡𝗼𝘄 𝗔𝗴𝗮𝗶𝗻?"


Well, watch this video (𝙍𝙚𝙘𝙤𝙧𝙙𝙚𝙙 16 𝙅𝙪𝙡𝙮 2020) to see WHERE we can potentially start to see buyers coming back again and more importantly,


why we may still be BEARISH as long as we are capped below some of these CRITICAL Resistance levels. 😬


Like and Share if you like more videos like this.






Friday, May 22, 2020

𝗛𝗮𝘀 𝗦𝗶𝗻𝗴𝗮𝗽𝗼𝗿𝗲 𝗔𝗶𝗿𝗹𝗶𝗻𝗲𝘀 (𝗦𝗜𝗔) 𝗕𝗼𝘁𝘁𝗼𝗺𝗲𝗱 𝗬𝗲𝘁? 𝗜𝘀 𝗜𝘁 𝗧𝗶𝗺𝗲 𝘁𝗼 𝗚𝗲𝘁 𝗜𝗻?


Just about 2 weeks back, I published a video of SIA on my Facebook page (Joey Choy).


I mentioned that the aviation and tourism sectors may take a while to recover amidst the COVID-19 pandemic.. ✈


and hence one would not want to be too quick to rush in to Buy, 🤑  and perhaps to nibble at some if you really really want to buy...


Hey there, Joey here, Top Tier Remisier in Phillip Securities.


I also mentioned that we may even see 𝐌𝐎𝐑𝐄 𝐖𝐄𝐀𝐊𝐍𝐄𝐒𝐒 if a key support level breaks down..


So has my view changed for now?




Well, fast forward to today 21 May 2020, 👈


It seems like we are indeed seeing the 𝐒𝐄𝐋𝐋𝐈𝐍𝐆 coming back... 😓


SIA has indeed broken the support level that I talked about 2 weeks back and


it has traded to a low of 3.53 over the past few days and seems like sellers are 𝙅𝙐𝙎𝙏 𝙉𝙊𝙏 𝙇𝙚𝙩𝙩𝙞𝙣𝙜 𝙜𝙤...


So the question is:


"𝑾𝒉𝒆𝒓𝒆 𝒄𝒂𝒏 𝑺𝑰𝑨 𝒉𝒆𝒂𝒅 𝒕𝒐 𝐍𝐎𝐖 𝒂𝒏𝒅 𝒘𝒉𝒂𝒕 𝒍𝒆𝒗𝒆𝒍𝒔 𝒚𝒐𝒖 𝒘𝒂𝒏𝒕 𝒕𝒐 𝒕𝒂𝒌𝒆 𝒏𝒐𝒕𝒆 𝒐𝒇𝒇 𝒘𝒉𝒆𝒓𝒆 𝒊𝒕 𝒄𝒂𝒏 𝒔𝒕𝒊𝒍𝒍 𝒃𝒆 𝒘𝒆𝒂𝒌 𝒃𝒆𝒍𝒐𝒘?"


The downtrend in the longer term still looks intact for now imo especially below this critical level.. 📉


Watch this video to the end to see what I mean.


Like and Share if you found it useful.👍




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Friday, May 8, 2020

Is It The Right Time to Buy Singapore Airlines (SIA)?


Over the past 3 months, we have seen the Singapore's F&B, tourism and aviation sector hit drastically as Covid-19 becomes an unprecented global pandemic.😷


We have seen SIA sold off by about 50% from about $9 just at the beginning of 2020 while facing its biggest crisis ever.


I have had many clients and people messaging me and my team over the past few weeks asking:


"𝑱𝒐𝒆𝒚, 𝒊𝒔 𝒊𝒕 𝒕𝒊𝒎𝒆 𝒕𝒐 𝒃𝒖𝒚 𝑺𝒊𝒏𝒈𝒂𝒑𝒐𝒓𝒆 𝑨𝒊𝒓𝒍𝒊𝒏𝒆𝒔 (𝑺𝑰𝑨)? 𝑰𝒕 𝒉𝒂𝒔 𝒈𝒐𝒏𝒆 𝒅𝒐𝒘𝒏 𝒔𝒐 𝒎𝒖𝒄𝒉 𝒂𝒍𝒓𝒆𝒂𝒅𝒚.. 𝑪𝒂𝒏 𝒃𝒖𝒚 𝒏𝒐𝒕?"




I admit, prices look really attractive now. 🌟


But there are a few things you want to take note of too.


In this video, let's discover what has happened to SIA so far over the past 3 months and what is the SG government's view on SIA as our national carrier.


Whats steps is SIA taking specifically to ensure that it can ride out this crisis in the long haul and more importantly,


I will dive into the CHART and 𝐁𝐑𝐄𝐀𝐊 𝐈𝐓 𝐃𝐎𝐖𝐍 for you as we put things in perspective and see where we are NOW and what we can do.


Like and Share if you found it useful.👍




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Thursday, March 26, 2020

SIA: A Rebound Seen! BUT is the Selling really Over? Price 6.50.


Just exactly a month ago, before the virus situation was named a Global Pandemic, we saw SIA approaching the key 8.50 support dangerously…


On the back of news of travel restrictions being placed all over the world, airlines all around the world started selling down one by one…


And SIA was not spared too, it was seeing weakness gradually..


THIS 8.50 support was holding for more than 10 years since 2009 but seems like buyers were just not able to hold any longer,


There was already signs of downtrend from the chart even BEFORE the situations escalated, and that was in Jan 2020 where we started to see all the moving averages pointing down…


On the break down of 8.50, more selling was likely and hence some downside targets were drawn as seen..


First target to 8.00 then 7.50 as seen below..


This counter was more for CFD SHORTS to ride any weakness rather then to hold on to long positions given that this sector is one of the most heavily hit..


Not a good sign definitely for the 8.50 support to break down… 10 YEARS IT HELD! OMG!!





True enough, as per downside target drawn, we started seeing heavy sell down all the way to our targets..


Even 7.50 support gave way…


The selling was just too strong and amidst a sell down in global markets, this counter being one the most affected by the COVID 19 situation was not spared..


There were some support returning at 6.50 after the heavy sell down over the past 3 weeks.


BUT WHEN this support broke through last week, more downside was anticipated…


Target revised lower all the way to 5.00 psychological support level as seen…


SEE what I mean below..


Downtrend could very well continue and we are pretty much at an all time multiyear low… see revised target below..






FAST Forward to today…..


Over the past few days, we have seen selling all the way to a low of around 5.28 before buyers started to come back on some good short covering…


Normal, given that it has sold down by a WHOPPING 36% from when first covered when it broke the 8.50 support as mentioned above! See where we are below now..


NOW WHAT?


Well, we have rebounded all the way back to that key 6.50 support TURNED RESISTANCE now….. That was the level we broke down from last week remember?


The rebound was in line with other blue chips like the banks etc with DOW JONES rebounding by more than 2500 points over the past few days on news of a 2 trillion dollars stimulus package being pushed forward by US..


For now, well we may see some selling returning again if we are capped below this 6.50 immediate resistance… a potential retracement back down can still be on the card is situation does not improve..


However, having said that, on any further bullish move above 6.50, one can also see some more short term upside…


Still volatile RIGHT NOW, and we are pretty much right at the cross road..


SIA has announced grounding of it airplanes and cutting 96% of it’s capacity in recent days and things may still get worst before it gets better imo, cautious…


Will be watching where we go in the next few days…


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