Chart Source: Poemsview 10th Sept 2018
Sembcorp Marine had a good start to the week! No Monday Blues for Sembcorp Marine and of course our EXCLUSIVE CLIENTS who were informed of this trade analysis.
Sembcorp Marine broke above its 20ema and started to climb up almost 5% for now. We used the 20ema for this round as that was resisting Sembcorp Marine for the last few times. So seeing that it broke, we then decided to inform our EXCLUSIVE CLIENTS on it.
Staying above this resistance now turn support might see our next target of $1.80 as our $1.76 target was achieved.
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