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Sembcorp and SembMarine.

Tuesday, March 6, 2012

SembCorp's share price broke through the 20dMA as if it didn't exist. Could we see the rising 50dMA tested for support eventually? It is now at $4.70.



SembMarine's share price gapped down dramatically on the back of extremely high volume. It would not surprise me if the 50dMA should be tested for support in the next few sessions. It is now at $4.74. If the selling pressure is strong enough, we could see that giving way too. $4.36 in time? Possibly.





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