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Sembcorp Marine ST: the downside prevails.
Trading Central | 2018-06-11 01:22:00

Short positions below 2.33 with targets at 1.88 & 1.77 in extension.

Pivot: 2.33

Our preference: short positions below 2.33 with targets at 1.88 & 1.77 in extension.

Alternative scenario: above 2.33 look for further upside with 2.54 & 2.70 as targets.

Comment: the RSI is bearish and calls for further downside.

Supports and resistances:
2.70
2.54
2.33
2.07 Last
1.88
1.77
1.56

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 06-11-2018 at 03:22 UTC+1
Price reference: 2.07 last known on 06-11-2018 at 03:22 UTC+1
Investment horizon: ST

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