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Wednesday, March 1, 2017

Sembcorp Marine

Sembcorp Marine - had a very nice thrust bar reflected on the chart on 23rd Feb 2017 + couple with high volume this is rather bullish.


Today we have again witnessed the second white thrust bar and closed well at $1.905. The major break-through was the breaking out of $1.84 which was the recent high. This is rather positive.

Short term wise, it may likely move up to test $1.97 then $2.00.
Breaking out of $2.00 with good volume it may propel to drive the share price higher towards $2.10 and above.

( Trade base on your own decision)

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