On Friday, Sembmar re-test its $5.13 support and closed at $5.18 with HIGH volume of 7.34 million shares traded.

A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow).  This usually implies a continuation of a bearish trend.  There have been 3 falling windows in the last 50 candles–this makes the current falling window even more bearish.

A long lower shadow occurred.  This is typically a bullish signal (particularly when it occurs near a low price level, at a support level, or when the security is oversold).

Both RSI & MACD are bearish as MACD perform a “cross down” recently.

Important Resistance of Sembmar: $5.20

Immediate Support of Sembmar: $5.13

Currently prices are resisted by 20 days MA at $5.20

Sembmar has been under heavy selling pressure for the past 2 trading ...