November 13th, 2011 by Marubozu
Singapore Airlines (SIA) looks like dropping out from a mini up trend channel support after the recent poor earning announcement. MACD is weakening and the stock price is trading below 20D, 50D and 200D MA. Also take note that 20D MA starts to turn down. SIA is still on the long term down trend as its [...]
October 20th, 2011 by Marubozu
City Development rebounded recently but failed to take out this $10.00 support turned resistance. The complicated Head and Shoulders chart pattern is still valid and the price target of this breakdown is $6.70. See previous post here.
October 20th, 2011 by Marubozu
Singapore Airlines (SIA) just break the suppport and drop out from a 3 months uptrend channel. All technical indicators like MACD, RSI, Stochastic, Bollinger Band, Parabolic SAR indicates bear is coming back for SIA again. What missing now is the volume. Will this be another free fall for SIA again? Previous Singapore Airlines Head and Shoulder chart pattern [...]