SIA (C6L): Beneficiary of Singapore and China mutual 30-day visa-free entry arrangement
SIA (C6L): Momentum Breakout
Exhibiting a breakout from the re-accumulation area, accompanied by a notable surge in trading volume and a relative strength breakthrough above zero.
Investors are embracing the positive development of the China-SG mutual 30-day visa-free initiative.
Target zone at 7.00-7.20 while stop set below 6.40. This setup presents an approximate 2x risk-reward ratio.