Chart Source: Poemsview 5th Oct 2018
Sembcorp Industries part of 30 STI component stocks and the top loser as of time of blogging. For once being in the top loser column is not too bad as we were looking at Sembcorp Industries for some pullback since it couldn’t break past its resistance of $3.10
Our EXCLUSIVE CLIENTS were informed of this trade analysis just yesterday and we’re glad both our targets were met to achieve close a 3% downside. A very nice trade in just two days.
Where might be our next downside target?
Using Simple Technical Analysis, we’re looking at $2.91 which is also around the uptrend support line we drew.
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