Monday, March 26, 2018

Sembcorp Marine: Some support found but 2.20 resistance key... Price 2.17

Have started to see some support coming back around 2.00 over the past 2 weeks…

From note last week, seems like we have again rebounded from the 2.00 level back to the key 2.20 resistance today…

Hopefully, we see some firm price actions to lead the reversal higher….  

To our next target at 2.40 as drawn last week?

So far not yet happening but we’ll never know… Watching…

For those who would like to accumulate on dips, 1.90 – 2.00 may be good support levels where buying may return….

Longer term uptrend may still be intact above 1.90 for now… See chart issued last week… :)

Want to get more Top Private Research reports PLUS Trade ideas delivered to your inbox?

No comments:

Post a Comment