On Thursday, Sembmar re-test the support at $4.37 and closed at $4.42 with LOW volume of 4.65 million shares traded.

RSI & MACD are bullish as RSI trend upwards

Important Resistance of Sembmar: $4.68

Immediate Support of Sembmar: $4.37

Currently prices are well supported by 20 days MA at $4.37

For the past 2 weeks, Sembmar has been well support at the $4.37 support level. However prices seems to be have issues in climbing higher.

The resistance at $4.68 is expected to be strong.

We do not suggest to buy Sembmar now as the RSI near overbought region. In fact, we expect heavy selling to occur when prices come near to $4.68 resistance.

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