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17/7/11

July 18-22, TA for Sembcorp


Trend - Up-Side (Trend Changing - MA crossing, MACD at 0)
Momentum - 30%
Support - 4.76
Resistance - 4.99
Candlestick - Counter-attack = (indecisive signal)
Volume - low ( look careful at the last 6 days volume, 3 high selling volume and 3 decreasing volume)
Pattern - Inverted Flag Down (bearish signal)

If you are trading on Sembcorp - BE CAREFUL, a bearish pattern is formed "inverted flag down". In additional, it is supporting at 200D MA. Due to the bearish pattern, you should stay clear until the "flag down" is completed or a sudden change in signal.

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