Chart Source: Poemsview 11th Feb 2019
SIA engineering reported a poorer set of results which didn’t quite meet expectations and the stock took a beating since opening till closing at $2.39. What a day for SIA Engineering. More of its results can be read HERE.
Were there cracks and warning signs before the fall? Just over a week ago when SIA Engineering was sitting on its $2.50 support we issued an alert for our readers to be careful. That support didn’t hold and it a first warning sign.
Our EXCLUSIVE CLIENTS were also alerted of this trade analysis back in Jan where they could Plan, Prepare and Proceed with ease.
Since our entry of $2.53 SIA Engineering has been steadily declining and has reached a few of our targets with $2.37 being the third. A nice 6% downside can be seen in this analysis.
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