Sembcorp Industries – [ A Quick Short After Breaking Down, At The Support Now? ] algo investing.com/wp-content/uploads/2019/01/sci.png” alt=”Sembcorp Industries 24th Jan 2019″ width=”958″ height=”540″ srcset=”http://algo investing.com/wp-content/uploads/2019/01/sci.png 958w, http://algo investing.com/wp-content/uploads/2019/01/sci-300×169.png 300w, http://algo investing.com/wp-content/uploads/2019/01/sci-768×433.png 768w, http://algo investing.com/wp-content/uploads/2019/01/sci-600×338.png 600w, http://algo investing.com/wp-content/uploads/2019/01/sci-720×406.png 720w” sizes=”(max-width: 958px) 100vw, 958px”>
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Chart Source: Poemsview 24th Jan 2019
Sembcorp Industries currently one of the top losers in the STI component had some retracement after moving up since December.
In fact, looking back we’re glad we managed to catch that upside.
And for now as Sembcorp Industries hit some resistance it started to retrace and has now hit our first downside target of $2.62.
Our EXCLUSIVE CLIENTS were informed of this trade analysis for them to Plan, Prepare and Proceed. Sembcorp Industries currently is at our short term uptrend line support, breaking it might see more downside.
What would your trade plan be?
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