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.

Sunday, February 3, 2008

Semb Marine 010208

Each time Sembcorp Marine recovers, it hits a new low a few days later. Sembcorp Marine is currently trading below many many trendlines.

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We may see Sembcorp Marine testing 3.00 if the downtrend continues.

For monday :

Support @ 3.025 (mid pink), 3.00 (low red --), 2.965 (low pink)
Resistance @ 3.133 (mid red --), 3.271 (upp red --), 3.286 (upp pink), 3.308 (low blue)

Good Luck !!
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