On Tuesday, Sembmar re-test the support at $5.52 and closed at $5.55 with regular volume of 5.35 million shares traded.
A long black candle stick with short lower shadow indicates investor are selling this stock down without any hesitant.
Both RSI & MACD are bearish as RSI trend downwards.
Important Resistance of Sembmar: $5.78
Immediate Support of Sembmar: $5.52
Currently prices are resisted by 50 days MA.
Prices re-test the critical support at $5.52 today and rebounded slightly to close at $5.55.
This 100 days MA/technical support is expected to be very strong and will not break easily.
Ideal entry prices will be at $5.31 support but it may not pull to that level. Thus do watch if $5.52 support can continue to hold as it could be a good entry price too.
Stock Chart: SembMar! is contributed by : Singapore ...
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