Disclaimer

Disclaimer:-Please note that all such analysis is provided by way of information only. All of the information was and should be taken as having been prepared for the purpose of reference only and that none were made with regard to any specific investment objective, financial situation or the needs of any particular person who may receive the analysis. Any recommendation or advice that may be expressed in or inferred from such analysis therefore does not take into account and may not be suitable for your investment objective.

Friday, January 25, 2008

Semb Marine 250108

After breaking 2 supports (low pink, low blue) on 22 & 23 jan, Sembcorp Marine managed to recover and close above 2 resistances (upp pink, upp blue) today.

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However, as you can see from the chart, Sembcorp Marine is still on the downtrend.

For monday :

Support @ 3.49 (upp blue), 3.424 (upp pink), 3.34 (low blue)
Resistance @ 3.558 (low red), 3.68 (mid red)

Good Luck !!
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