Monday, 12 December 2016

SIA (C6L) - 12 Dec 2016



Singapore Airlines Wants to Be a Budget Carrier, Too
Squeezed by rivals, the luxury airline plots a course for heavy growth and new revenue streams.
https://www.bloomberg.com/news/articles/2016-12-12/singapore-airlines-wants-to-be-a-budget-carrier-too

SIA technical chart show some price support at $9.67 and $9.60 after a long down-trend since mid-August 2106.

The price resistance levels are $9.80 and $9.86.

Tuesday, 6 December 2016

Noble (N21) - 06 Dec 2016


Noble Group ditches stakes in 4 UK power firms for $33m http://sbr.com.sg/utilities/news/noble-group-ditches-stakes-in-4-uk-power-firms-33m#sthash.CsWKZlNa.dpuf

The weekly chart of Noble shows that it is trading in a range between $0.160 and $0.195. However, this range is a swing of about 21.88% which is a decent trading range.

The current support is at $0.161 and $0.152.

The resistance levels are $.175 and $0.192.