Singapore Airlines (SIA) is testing a key resistance at $6.86 as it gears up to announce its full-year results on 15 May. The drop in oil prices could give the company a boost with better margins.
If it breaks above $6.86, we might see more upside. But if it fails, a short-term dip over the next 7 trading days is likely — could be a good chance to re-enter after a pullback.
If it breaks above $6.86, we might see more upside. But if it fails, a short-term dip over the next 7 trading days is likely — could be a good chance to re-enter after a pullback.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.