3 month chart; the elliot oscillator has touched red, is this the beginning of a downtrend? or will it reverse when it hits the 50% fib retracement line?
SIA has been in a strong upward channel. The recent market crash correction fell 36% to 307, and recovered up to the 620 area quickly. The price has found support in the channel boundary as well as previous areas of support.
MACD & volume indicators are in agreement.
Buy zones:
580
627
Sell Zones:
690
810
Stop loss:
518
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