SembCorp Marine (The Bottom is NEAR)

View On SembCorp Marine (25 MAR 2020)


This counter is in free fall recently as it can be pretty related to Oil production.
Currently, the price has hit the upper band of multi-year support region from $0.45- to $0.69 and making a decent bounce.

It may fall back to the region again once this hope rally frizzle out.
Summary: Too late to short, and go Long slowly.




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Comment:

View On SembCorp Marine (19 APR 2020)

This is rather risky to call for a Bullish scenario on SembCorp Marine, since it is still under a major downtrend.

But WTF, right?
Let's live dangerously.

I expect we shall see $0.95-$1 region soon.

Comment:

View On SembCorp Marine (24 APR 2020)

The danger will always be there. Just watch out what you are getting into and you will be fine.
I expect we shall see $0.95-$1 region soon.

Comment:

View On SembCorp Marine (27 APR 2020)
It is nice to see that this counter is moving as we expected.


Watch out on $0.745 region as it may act as a temp-resistant for now.

But anyway, I expect we shall see $0.95-$1 region soon.

Comment:

Update View On SembCorp Marine (4 JUNE 2020)

Did you follow our analysis?
Decent profit. Cheers.
Good Boy SembCorp Marine.

HOLD and BUY only

Comment:

Update View on SembCorp Marine (29 JUNE 2020)


I am dead wrong on this counter.
I still have minor positions and I will not be taking it out.

But I will not bullish anymore as of now.

Trade closed: stop reached