A short term sell signal at $3.58 was seen on 9thSep 2020. Initial Target will be $3.20.
Alternatively, an upside breakout and hold above $3.80 will target $4.00 to allow the Daily charts to stage an upside breakout and recovery.
Recent News flow may provide impetus for investors to buy on the dip for a swing trade. The last time SIA traded at these levels was in 1998.
Traders should watch the ST charts before trade entry. The ichimoku charts serve this purpose on all time frames.
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