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Sembcorp Marine ST: the downside prevails.
Trading Central | 2018-06-21 08:21:00

Short positions below 2.17 with targets at 1.88 & 1.77 in extension.

Pivot: 2.17

Our preference: short positions below 2.17 with targets at 1.88 & 1.77 in extension.

Alternative scenario: above 2.17 look for further upside with 2.33 & 2.54 as targets.

Comment: technically the RSI is below its neutrality area at 50.

Supports and resistances:
2.54
2.33
2.17
1.97 Last
1.88
1.77
1.56

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 06-21-2018 at 10:21 UTC+1
Price reference: 1.97 last known on 06-21-2018 at 10:21 UTC+1
Investment horizon: ST

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