SIA VTL : Singapore Airlines looks for $5.72

The short term charts are long $5.05 on the dailies on 041021 with a target of $5.72, the week supertrend resistance in the near term.

A break of $5.72 above will confirm the recovery bounce on the Monthly Charts that seeks to move back to $7.05, the break down level since 3rd August 2018 putting SIA into a 3 year downtrend.

Long Term BASEFORMING since 150321

Medium Term BASEFORMAING since 100521

Short Term uptrend since 041021

Pivot 4.84

Long positions above 4.84 for 5.72 and 7.05

Short positions below 4.84 for 3.32