Meng PaPa
commented on a stock · May 26, 2022 21:21
$SIA (C6L.SG)$ : The market is currently looking $5.52 as to...
$SIA (C6L.SG)$: The market is currently looking $5.52 as toppish. That means good news doesn't seem to move SIA any further up, but should there be any bad news, it can come rapidly down. That means SIA must see continuous powerful strong earning before it can break those recent high. Just wait and see. Nobody knows when and how far it can go. If the debt is cleared and dividends are paid then that will be good news.
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Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.
Meng PaPa OP : If interest rates were to hike continuously to fight inflation then that's bad news.