Friday, December 11, 2020

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



Sembcorp Marine (SGX: S51) 

Observation from chart:- 

Sembcorp Marine (SGX: S51) forming "U" pattern & consolidate sideway. 

Will it breakout resistance & go higher? 

Other indicator:- 
MACD trade @ positive region, uptrend sign. 
Stochastic %K on SELL call itinerary. 

Immediate resistance @ $0.176 level 
Subsequent resistance @ $0.205 level. 

Immediate support @ $0.161 level.
Subsequent support @ $0.154 level.

 Let's watch closely Disclaimer

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