Friday, December 25, 2020

Follow up Technical Analysis Dec 2020: Sembcorp Marine (SGX: S51)



Sembcorp Marine (SGX: S51) 

Observation from chart:- 

Sembcorp Marine (SGX: S51) forming "W" pattern ? 

Will it rebound at $0.137 support level?

Other indicator:- 
MACD moving toward negative region, downtrend sign.  
Stochastic %K at oversold region, pending trigger BUY call.

Immediate resistance @ $0.16 level.
Subsequent resistance @ $0.176 level. 

Immediate support @ $0.137 level. 
Subsequent support @ $0.113 level. 

Let's watch closely Disclaimer

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