BoonHooi

SembCorp Industry - Potential long in the making

Long
SGX:U96   SEMBCORP IND
Technicals/Charts:
- Approaching the Support/Resistance at 3.20/3.30 levels
- Weekly RSI turned up at 50 - showing strength still
- MACD consolidating for some time

I would like to see price break above the resistance TL and the support turned resistance zone with high than usual volume.
This will give an indication of a strong rally.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.