Sembcorp Industries – [ Catching The Rally, Our Next Target?]
Chart Source : Poemsview 7th Aug 2018
Sembcorp Industries made it to one of the top performing stock in the STI component stock. Its up over 3% in the afternoon as our Straits Times Index also climbed up closed to 2%. We’ll update more on the STI in our coming post.
As for Sembcorp Industries we’re glad our EXCLUSIVE CLIENTS were informed of this trade early in the morning when it broke its horizontal resistance of $2.72.
Sembcorp Industries continued to move up through the day and hitting our target of $2.79 within the first two hours. Good trade if we may add.
Our next possible target might be $2.84 if Sembcorp Industries manages to stay above the resistance of $2.79.
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Humbly
Kelwin&Roy