Singapore Airlines (SIA) is on Short Term Up Trend for now after finding the recent bottom of about $12.90.
A tough resistance is at about $15.00 which is the 61.8% Fibonacci Resistance and also the 200D MA resistance.
ComfortDelgro is current trading in a Rising Wedge. Wedge Resistance at about $1.65 and Wedge Support at $1.52.
No clear trend for ComfortDelgro for the time being as the stock price is trading about the three Moving Averages of 20D, 50D and 200D.
SGX has fallen below the 3 Moving Averages again and continues its down trend. SGX is currently heading towards the 61.8% Fibonacci Support at about $7.70. SGX may rebound from this support before continues the down trend to test the support at $7.20. Keep a close watch on this $7.70 support level before taking any entry.
