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Sembmarine

Let see how high can it goes before I run road :)

Wish everyone huat until siao ah!

:)

 

sembmarine is overbought and its not time to enter long but to take profits. Wait for correction and reversal signals around 4-4.15 region if you want to enter longs.

 

Did u notice the technical indicator at the bottom of the chart?

if it's not SERIOUSLY overbought then by all means follow the analyst call..

  remember the HERD will always get trampled..

gd luck!!

krisluke      ( Date: 21-Jan-2012 21:59) Posted: Written by The Edge Monday, 16 January 2012 14:04 Sempcorp Marine ($4.30) — Poised for breakout This counter has recovered handsomely, but can only be said to have broken above its reverse-head-and-shoulders formation when it moves above $4.40. A successful break above this level indicates a measuring objective of $5.80. Volume is expanding and should be able to support a breakout. The failsafe level is at $4. If prices move below this level, the upside target is no longer valid, but the chances of that happening appear slim at the moment.

 

Analyst report  most of the time works in the  opposite  direction.  Their news seems to be a little late as the  share prices  has already moved up..  This is just my view. When analyst release this report, I think they might hv already offload some of their position..

 

Written by The Edge

Monday, 16 January 2012 14:04

Sempcorp Marine ($4.30) — Poised for breakout

This counter has recovered handsomely, but can only be said to have broken above its reverse-head-and-shoulders formation when it moves above $4.40. A successful break above this level indicates a measuring objective of $5.80. Volume is expanding and should be able to support a breakout.

 

stubbornly high...very overbought...

poised for correction

 

hope it go above the magical $5.00 mark by end of the month ??

 

See how this 2 days goes,

Hitting TS soon, wish it can goes up more but i see bird strength getting smaller :)

 

This one cheong until  sibei  song arhhhhhhhhhhhh......................

risktaker      ( Date: 07-Dec-2011 18:45) Posted: Tomorrow I try :) see can go up or not niuyear      ( Date: 07-Dec-2011 16:36) Posted: 4.030  liao 4.10  ai lai bo?      lai lai lai quick

 

OCBC Research on SembMar

  http://sg-shares.blogspot.com/2012/01/sembmar_16.html 

 

kateks are in play today... STI -1.2% now...

Uncle Ti 88
http://uncleti88.blogspot.com
----
I trade using the Commitments of Traders Report.
Follow the commercials. They buy we buy. They sell we sell.

 

those who took profit or shorted .. congrats..

semb mar 2 % down today.. overbought!!

 

time to get ready to short semb mar

technically overbought..

gd luck DYODD

 

SembMarine may confirm 2xrig options from NOBLE CORP soon, based on news below.....

Source: Upstreamonline.com (23:06GMT 12 Jan)

Noble nabs new rig contracts

Noble Corporation's newbuild Globetrotter I drillship will kick off a 10-year  contract with Shell in April, with work initially slated for the Gulf of Mexico, the  company said in its latest fleet status report.  The dynamically positioned vessel, capable of drilling in upto 10,000 feet of water, is currently undergoing sea trials and will  work at a day rate of $424,000 for the first five years of its contract.  The contractor's Jim Day semisubmersible has also been signed to a three-year Shell contract at a dayrate of $530,000  starting in January 2013, the drilling contractor said.  The 2009-rebuilt rig had been in the Gulf since mid-July and is slatedto wrapupits term in mid-February at a day-rate of  $485,000.  The rig had 27 days of downtime, rather than the 14 originally reported.  Noble also disclosed that its Leonard Jones jack-up had sustained³ damage´ after coming detachedfrom a tow while  returning from a Pemex job, but did not elaborate.  The company estimates the rig will be prepared to start another three-year contract for Pemex in March 2012.  It's part of a trio that also includes the Bill Jennings and Eddie Paul jackups that will kick off similar Pemex contracts early  this year.  Other downtime announced included the Noble Driller (31 days, up from 27), Noble Dave Beard(34 days, upfrom 19) and the  Noble Muravlenko (14 days), accounting for maintenance.

 

Bully strong today. Impressive recovery.

 

Iran nuclear crisis ->   US, UK, Israel  bei song -> sanction -> Iran bei song back ->   threaten to block transport channel -> High oil px

daylight28      ( Date: 11-Jan-2012 22:40) Posted: 10% in 2 days. what is reason for the uptrend ???

 

On Wednesday, Sembmar broke the resistance at $4.36 and closed at $4.41 with HIGH volume of 23.9 million shares traded.

A rising window occurred (where the top of the previous shadow is below the bottom of the current shadow).  This usually implies a continuation of a bullish trend.  There have been 7 rising windows in the last 50 candles–this makes the current rising window even more bullish.

Three white candles occurred in the last three days.  Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.

RSI & MACD are bullish though RSI in overbought region.

Important Resistance of Sembmar: $4.53

Immediate Support of Sembmar: $4.36

Currently prices are resisted by 200 days MA at $4.53.

For the past 5 trading sessions.................... READ MORE

 

 

10% in 2 days.

what is reason for the uptrend ??? 

 

This one very powderful. Up 40c in 2 days. May see correction tomorrow...

 

Looks like going to turn down soon

New123      ( Date: 11-Jan-2012 12:21) Posted: Charge up too much. It will collapse soon..Day lights is too wide apart.. bishan22      ( Date: 11-Jan-2012 12:16) Posted: Still charging like mad..... better wait for a while.