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.

Tuesday, April 15, 2008

Semb Marine 150408

Sembcorp Marine today broke the 3.41 resistance (green --) and came very close to testing the 3.61 resistance (pink --).

Photobucket

If Sembcorp Marine can continue to trade within the short term uptrend channel (blue), we may be looking at Sembcorp Marine forming a triple bottom formation, which has it lowest bottom back on 11 feb.

For tomorrow :

Support @ 3.43 (mid blue), 3.41 (green --), 3.376 (mid red), 3.33 (low blue), 3.30 (low red, blue --)
Resistance @ 3.54 (upp red), 3.61 (upp blue, pink --), 3.633 (low red --)

Good Luck !!
Posted by at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)