A TECHNICAL REBOUND IN THIS STOCK SEEMS TO BE ONGOING
Dear readers, a technical rebound in this stock seems to be ongoing ever since the stock went to a recent low. Well, what is the name of this stock?
This stock is none other Sembcorp Marine stock. After reaching a high of $2.12 last month, Sembcorp Marine stock traded at $1.66 yesterday which was a rebound off the base formation at around $1.58 set earlier this month. Will we see Sembcorp Marine stock rebound even higher next? But please note that this is just a technical setup, macro factors could still influence movement of stocks in general. Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.
This stock is none other Sembcorp Marine stock. After reaching a high of $2.12 last month, Sembcorp Marine stock traded at $1.66 yesterday which was a rebound off the base formation at around $1.58 set earlier this month. Will we see Sembcorp Marine stock rebound even higher next? But please note that this is just a technical setup, macro factors could still influence movement of stocks in general. Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.