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Showing posts with label SembMar. Show all posts
Showing posts with label SembMar. Show all posts

Sembmarine -- Sign of reversal?

Support found ?? Caveat Emptor

  1. Broke short term downtrend line.
  2. Candle stick formation and stochastic showing reversal sign.
  3. It lies directly on MA200 and uptrend line denoted by purple and green line.
  4. At the lower end of BB.

Entry:Tomorrow if it is able to maintained it's price or rise.
Profit Taking:Range of BB and area denoted by the 2 gold lines,which is subjected to the market sentiment.
Cut-loss:Break 3.78 with large volume , which is more than 4.5million , subjected to the market sentiment.