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, March 16, 2008

Semb Marine 140308

Sembcorp Marine managed to close above the neckline as well as the uptrend support (low green), although during the day, it did break a few supports.

Photobucket (Please note that the volume is wrongly indicated)

We may see Sembcrop Marine trading sideways as the market tries to find its footing.

For monday :

Support @ 3.44 (low green), 3.36 (upp blue), 3.32 (upp red), 3.272 (low blue), 3.20 (mid red)
Resistance @ 3.527 (low light blue), 3.60 (upp green), 3.697 (upp light blue)

Good Luck !!
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