On Thursday, Sembmar re-test the critical support at $5.15 and closed at $5.20 with LOW volume of 1.77 million shares traded.
A black candle stick with long lower shadow similar to a hammer affirms that the support at $5.15 remains intact and investors are buying on dip.
Both RSI & MACD are bearish as RSI trend downwards.
Important Resistance of Sembmar: $5.30
Immediate Support of Sembmar: $5.15
Currently prices are resisted by 20 days MA at $5.30.
For the past 3 trading sessions, prices has been well supported at the $5.15.
The support at $5.15 is expected to be very strong and critical.
If this support give way, it will likely to trigger at high selling volume.
Can buy at $5.15 support level if interested and cut loss once this support is breached.
On Thursday, Noble re-test the support at …