Sembcorp Ind

Chart wise, looks bearish! I think it may challenge the pivot low of 2.48 again! Breaking down on 2.48 would be super bearish!

 RSI is pointing downward, looks like it may continue to trend lower.


 Short term wise, I think is good to monitor for clarity to see if there is any rebound or reversal to divert this downtrend direction. Failing which , it may go down to test 2.40 then 2.30 with extension to 2.00.

 Not a call to buy or sell.

 Pls dyodd.