Sembcorp Marine – [ On Our Watchlist, Is It On Yours Too? ]


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13th June, 2019, 10:08 PM

Sembcorp Marine – [ On Our Watchlist, Is It On Yours Too? ]algo investing.com/wp-content/uploads/2019/06/smm.png” alt=”Sembcorp Marine 13th June 2019″ width=”962″ height=”546″ srcset=”http://algo investing.com/wp-content/uploads/2019/06/smm.png 962w, http://algo investing.com/wp-content/uploads/2019/06/smm-300×170.png 300w, http://algo investing.com/wp-content/uploads/2019/06/smm-768×436.png 768w, http://algo investing.com/wp-content/uploads/2019/06/smm-600×341.png 600w, http://algo investing.com/wp-content/uploads/2019/06/smm-715×406.png 715w” sizes=”(max-width: 962px) 100vw, 962px”>

Chart Source: Poemsview 13th June 2019

Sembcorp Marine has recently shown some  rebound tho not a very strong one and has come down to rest the short term uptrend line.

We’re watching to see strength in Sembcorp Marine and holding that support might singal some strength to us and breaking that near term resistance is also strength to us. In addition, Sembcorp Marine managed to close above its 20ema which is another positive sign for us.

Oil is current up 3% due to the oil tankers in the Gulf of Oman sustaining significant fire damage so that might have some knee jerk reaction to oil counters tomorrow.

Want to know more about Sembcorp Marine and how to use a simple indicator  to help guide and enhance your analysis.

We’ll be conducting a workshop next Wednesday ( 19th June) at 7:30pm where we’ll go through things we learnt from the recent trade wars and how to better prepare ourselves for what is to come.

Sign up HERE if you don’t want to miss out on this great opportunity to learn and prepare yourself for the volatile market.

Yours

Humbly

Kelwin&Roy

We’ll be conducting

The post Sembcorp Marine – [ On Our Watchlist, Is It On Yours Too? ] appeared first on algo investing.

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