$SIA (C6L.SG)$ ：With the Dow, S&P 500 close at all-time high...
$SIA(C6L.SG$ ：With the Dow, S&P 500 close at all-time highs amid multi-record rally, I expect SIA to break $6.60 today.
Major US stock markets ended higher on Monday amid a multi-record rally. The session closed with the Dow Jones breaking the 38,000-point mark for the first time and the S&P 500 reaching its highest close ever.
Major US stock markets ended higher on Monday amid a multi-record rally. The session closed with the Dow Jones breaking the 38,000-point mark for the first time and the S&P 500 reaching its highest close ever.
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Always Hungryy : bro, can share your calculation of why intrinsically it's 6.60?
明 Meng OP Always Hungryy : Hi Bro ! Frankly speaking I don't know how to calculate. Basically, I will look at the chart as like what most traders will do. However, I had noticed that whenever it comes to near $6.60 it will be sold down, and it happens 3 to 4 times since 11 Jan. Therefore, it looks to me $6.60 is a strong resistance waiting to be broken one day. However, all US indexes are at all time high ever. That makes me feel that SIA should broke that level today. However, it failed to break this morning as I had expected to break. It had disappoint me many times. However, if you plan to hold it till 2030 when T5 starts operation, it doesn't really matter when it will break, just keep it like your CPF.
明 Meng OP 104690472 : Yes.