On Tuesday, Sembmar re-test the resistance at $3.90 and closed at $3.88 with LOW volume of 1.89 million shares traded.

A black candle stick with long lower shadow affirms on the profit taking.

RSI & MACD are flat as RSI trend sideways.

Important Resistance of Sembmar: $3.90

Immediate Support of Sembmar: $3.65

Currently prices are resisted by 50 days MA at $3.90.

Since 13/Oct, prices have been trending along the key support of $3.65 and key resistance of $4.36

The support at $3.65 is expected to be very strong.

However it is important to note that prices are forming a lower low which is similar to a descending triangle.

Do consider to buy at $3.65 support if interested but cut loss once support breached.

Stock Chart: SembMar! is contributed by : Singapore Stock Information Exchange