Thursday, November 25, 2010

Singapore Airlines : A great way to fly ??

SIA. Prices has traced a 5 wave uptrend. Anticipating correction back to $14 - $12 level.




On the daily chart front....Prices has already started the descend.
Now is to pick a tine point for a short entry,
As tempted as it is...will wait to see how the 3 waves pattern develop
And sell on a bounce.....

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