Tuesday, March 8, 2016

SembCorp Ind

SembCorp Ind - 8th Mar 2016

SembCorp Ind has been experiencing a drastic selling down of the share price today from the high of $3.21 to the low of $2.89. A Black engulfing candles appeared on the chart. Couple with super high volume. It seems that the selling is being overdone. Short term wise can expect to see a bounce-off from the current price of $2.90 .

It may become range bound from $2.89 to $3.23 and hopefully it can slowly move up to cross over $3.23 in order to continue this uptrend move.
(trade base on your own decision)


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