Below
is the news source provided:
Base
on this information, I understand that SIA is strong capital company and considered
as Top 10 Global Largest Capital Cap Airlines companies (currently ranking at
No 8).
Thus
I try to search the SIA stock chart and do some
market relationship study here:
A) Intermarket Relationship between China Airlines and Singapore Airline (SIA):
Base on above China Airlines
(ranking No 7) and SIA Weekly Chart, both chart show that the market price been “Bottom UP” since mid
of September 2024;
Currently, the China Airlines market price and SIA market price are showing upside movement (SAME direction).
Next,
here is my trading idea / study looking for:
Base
on Intermarket Relationship between SIA and Capital A(5099) Weekly chart on
21/05/2025 , I notice that the SIA market price is moving Uptrend since Feb 2021 (after
Covid-19 pandemic), meanwhile Capital A stock price is suffered NoTrend (sideway) for past
1,890 days (5.17 year period), in range of MYR 0.50 (low) to MYR
1.33(high).
Hence,
my summary expectation is, I am expecting the market
capital flow would be inflow on Malaysia Airlines sector soon, thus this
company stock might have good opportunity to spike up soon; My review is price range above 0.820 or above 0.945, considered as good price.
** Disclaimer : I share my
fundamental analysis here is for case study purpose, not for any trading signal
provided, please understand that trading is a probability risk in activity.