While leading towards the earning reports date of 21 Feb, yet to see its noticeable big movement beyond the tight range between 214 and 218. Anticipated that when it moves, it really moves. (Update 1) Yes, it moves today (20250212) to 223 by noon break, with good volume to support it. Now, will see if it really can stay above 222 for trend confirmation. (Update 2) It touches 230 at one point, now this is recorded as a new high. (Update 3) i...

$SIA (C6L.SG)$ : I met up with my old classmate last evening for a drink whose son is a pilot with Scoot. He told me that his schedule is very tight and that he has no time for family. I, therefore, asked him why is it that SIA shares were sold down instead of buying up since both SIA and Scoot are so busy ? His explanation is that there are too many rights issues during Covid-19 time, and SIA hasn't started shares buy back programme. Therefore, shorties are quick to take this opportunity to sho...

The price movement is rather small (between 300 and 305) coupled with thin trading volumes for the past few sessions. Foreseeing that 310 is a tough wall to crack. It hit 310 twice recently, but fails to leap over. Not discounting it will try again in the coming sessions.

As long as it can maintain HL (Higher Lows), the trend looks healthy. Any attempt to hit and stay above 310 may suggest a new trend formed. '310' is really the immediate resistance tough wall to breakthrough. Will see how it performs tomorrow onwards.