Thursday, April 20, 2017

Sembcorp Marine: Selling seen after signal.... some short covering for now.. Price 1.705

Just a few days back, we actually had a Bearish signal on the system.... PTI Grads can check....

Specifically a 1ET Bearish entry signal.... an then it started its descent when the 1.80 support gave way....

PTI grads were notified on the what’sapp group of the downside risk where all know the KEY concept behind the 1ET Strategy!

Manage to inform clients too when it broke down yesterday as per email seen below and down it went to a low of 1.72.

Seems like arrows drawn on the chart below playing out well.

Today more selling with 1.70 giving way as well... Can there be more downside?

Well, some short covering for now but downside may not be over..... We will be looking to see what the system says again J


Recent Email:

Sent: Wednesday, April 19, 2017 9:50 AM
Subject: ******* Sembcorp Marine: Selling pressure may continue below 1.80 further, price 1.78

For illustration purpose only

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