Thursday, March 8, 2018

SembMarine - Trending Up North



Sembmarine a stock that suffered a heavy sell down after the steep rise yesterday started to also recovered to yesterday's high. See my outlook for Sembmarine before the sell down happened.

http://stockmarketmindgames.blogspot.sg/2018/03/sembmarine-target-at-290.html



After the sold down yesterday, from the 5 minute chart, it has reached a demand zone where there were some collections first before the stock started to gap up today and rise. Combined with my morning before market 8:58am bullish market outlook, the stock can only go north at the moment.

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