Friday, July 31, 2020

SIA - Short at Resistance Line

SIA is in downtrend and shorting at resistance line has a higher probability of making money.

As long as COVID-19 is still around, SIA will remain grounded and there is limited capacity for those Green zone business passengers between countries.

COVID-19 will benefit companies like Sheng Siong, Logistics, Semi-conductor, Gloves maker and Corona Vaccines maker.



Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

No comments:

Post a Comment

Singapore Stock Investment Research