Singapore Airlines (SIA) has experienced a notable downturn in its share price over the past weeks, reflecting broader market concerns and a prevailing negative sentiment. After this period of decline, the stock is now finding support around the 5.87 level.
Note
Since climbing from the support line, the SIA share price has currently reached SGD 6.63, approximately a 12% gain. The target price should be set at the next resistance line of SGD 6.73.
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