Chart Source : Poemsview 14th June 2018
Ever since then Sembcorp Industries tried to break up above the $3 level once but failed to do so. This has then set a path for Sembcorp Industries to slowly drift down.
It has reached a few of our downside targets of $2.93, $2.89 and $2.83.
IF Sembcorp Industries remains weak and staying below the $2.82 level we might see our next downside target of $2.76.
Using Poems CFD to swing such a trade is the preferred way in order to ride the downside wave.
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