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Saturday, March 12, 2016

SembMarine

SembMarine - 12th Mar 2016

 SembMarine after hitting the low of 1.405 on 18th Feb 2016 it had managed to stage a strong recovery and rises up to touch 1.835 on 7th Mar 2016, This is generally rather bullish.

The current price of 1.73 is hovering above the SMA lines which is rather healthy.



Also both Macd & Rsi are still trending upwards which may provide further catalyst that the share price may continue to head higher.

Breaking out of 1.835 with good volume that may propel to drive the share price higher towards 1.97 and then 2.00 & above.
(trade base on your own decision)
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STOCK TRADING MANUAL

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