Sembcorp Marine – [ Caught It Near Bottom At $1.61, Up 6% Currently, Our Next Target? ]


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3rd December, 2018, 2:14 PM

Sembcorp Marine – [ Caught It Near Bottom At $1.61, Up 5% Currently, Our Next Target? ]algo investing.com/wp-content/uploads/2018/12/smm.png” alt=”Sembcorp Marine 3rd Dec 2018″ width=”962″ height=”561″ srcset=”http://algo investing.com/wp-content/uploads/2018/12/smm.png 962w, http://algo investing.com/wp-content/uploads/2018/12/smm-300×175.png 300w, http://algo investing.com/wp-content/uploads/2018/12/smm-768×448.png 768w, http://algo investing.com/wp-content/uploads/2018/12/smm-600×350.png 600w, http://algo investing.com/wp-content/uploads/2018/12/smm-696×406.png 696w” sizes=”(max-width: 962px) 100vw, 962px”>

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Chart Source :Poemsview 3rd Dec 2018

Sembcorp Marine up 6% as of typing now as oil prices soar more than 4.5% after US, China suspend trade hostilities.

OPEC meeting will take place on 6th Dec which market might be hoping for a cut in oil production. A cut in oil production could lead to higher oil prices which in turn means oil counters might continue its upside.

As for Sembcorp Marine an oil related  counter we’re glad we managed to catch it at the near bottom at $1.61. Current price is at $1.72 as we’re typing this, a very nice 6% upside since entry.

We’re glad that our EXCLUSIVE CLIENTS were informed thus able to plan, prepare and execute.

The next resistance for Sembcorp Marine might be at $1.75. Waiting for it.

Want to be part of this EXCLUSIVE COMMUNITY  to help guide and prepare for market.

Don’t wait and CLICK HERE to see how you can join this community and all the exciting perks of being a Client of Kelwin&Roy

Yours

Humbly

Kelwin&Roy

 

The post Sembcorp Marine – [ Caught It Near Bottom At $1.61, Up 6% Currently, Our Next Target? ] appeared first on algo investing.

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