SIA Slides on Weak Earnings – Support Levels in Focus

SIA Drops After Weak Earnings

Singapore Airlines ( $SIA(C6L.SI)$ ) saw a sharp decline after reporting weaker-than-expected earnings, falling nearly 9% in a single session. The disappointing results raised concerns over cost pressures and demand trends, dampening investor sentiment.

Technical Levels – TAD System Predictions

The TAD system has highlighted these key support levels:

  • Immediate Support: 6.89

  • Secondary Support: 6.75

  • Deeper Support: 6.59

These levels provide potential zones where price may stabilize. However, price reactions at these levels must be observed before making trading decisions. A confirmed bounce or breakdown at these points is key for short-term positioning.

How to Use DLCs for Short-Term Trading

  • Bullish Scenario: If SIA holds and rebounds from any of the support levels (6.89, 6.75, or 6.59), Long DLCs ( $SIA 5xLongSG251216(IIIW.SI)$ ) may be considered to capture short-term upside momentum.

  • Bearish Scenario: If support levels fail and price breaks lower, Short DLCs ( $SIA 5xShortSG270427(ZDBW.SI)$ )can be used to trade potential further downside.

  • Risk Note: DLCs are leveraged products, so strict risk management is essential.

Hit the follow button to stay updated! I post valuable trading and investing insights every week—don’t miss out on being the first to know!

For more information about DLCs, visit https://dlc.socgen.com/en/education/handbook 

Disclaimer: 

This document is not an offer or solicitation to buy or sell, nor financial advice or recommendation for any investment product. This document has been published for general circulation only. 

This advertisement has not been reviewed by the Monetary Authority of Singapore. This post is sponsored by Societe Generale, Singapore Branch. The content of this article does not form part of any offer or invitation to buy or sell any daily leverage certificates (the “DLCs”), and nothing herein should be considered as financial advice or recommendation. The price may rise and fall in value rapidly and holders may lose all of their investment. Any past performance is not indicative of future performance. Investments in DLCs carry significant risks, please see dlc.socgen.com for further information and relevant risks. The DLCs are for specified investment products (SIP) qualified investors only.

# SIA Tumbles for 3 Days! At What Price to Buy the Dip?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment1

  • Top
  • Latest
  • dimzy5
    ·07-30
    Kinda risky
    Reply
    Report