Friday, April 16, 2021

Technical Analysis Apr 2021: Sembcorp Marine (SGX: S51)



Sembcorp Marine (SGX: S51) 

Observation from chart:- 

Sembcorp Marine (SGX: S51) consolidate side @ $0.195 support level.

Will it breakout strong resistance $0.22 & go higher? 

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

Immediate resistance @ $0.22 level 
Subsequent resistance @ $0.25 level. 

Immediate support @ $0.195 level. 
Subsequent support @ $0.177 level. 

Let's watch closely Disclaimer

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