SIA Engineering

SIA Engineering after hitting the low of 3.31 on 28th Jan 2016 it had since managed to stage a strong recovery and trend higher to touch 3.88 on 2nd June 2016. This is rather bullish.

It had managed to breakout the recent high of 3.84 which was being attained on 28th April 2016 this signify that the driving force is gearing towards further upwards momentum that may likely see the share price continue to trend higher.

Both Macd & Rsi are still rising which may provide further indication that the share price may head higher to re-test 3.90 soon.

Breaking out of 3.90 with good volume that may propel to drive the share price higher towards 4.00 and above.
(trade base on your own decision)