Oil ! Oil ! Oil! Crashed. Many people may have thank Saudi Arabia that we have an Oil Crisis except this time is for lower price. As a matter of fact, Shale Oil and Gas is the cause of main disruption with maturing technology that break OPEC monopoly who works in "cahoots" with few other key players that not always play fair.Is there gem right now ? Let's me try to investigate SEMBCORP IND today.
Capital Gain
The worst SBI price is about 2.11 during 2008 Global Financial Crisis. This is not. A lower oil price is good for the economy. We have 10 years of growth when oil price stays low. However it can be a nervous investment for the new investors who never see it for Oil Support Industry. The Monthly Chart indicate 4.0-4.1 range as resistance. And appears reached. Weekly Chart will be in the region of ......