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.

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