
Oh, so it suggest a sell in the chart below.......anyone can other views? Perhaps I should take out my my queue on monday
trading centre had a call at sgd 4.40 for further upside... ...
Let's watch if it change the " target" price higher over the weekend.
krisluke ( Date: 21-Nov-2012 11:00) Posted:
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Most forumers in singapore tipped sgd 5.00 as sell ... ...
JPM recently had a report regarding " sell in may 2013 and go away" .
In may 20xx, etc,   anyone here remember the best month to sell for the oil related ? ??
I doubt it not may not happen in may ... ...
 
On another note, this share is bottoming out from it's oversold shares and I believe that stock buyers of this counter will ride a long wave up, it be probably near it's $5 mark come 'US resolution of the fiscal cliff'.
  Interestingly, it's big brother SembCorp is mirroring it.
 
  :)
 
Managed to get this stock at the 4.20 level. I noted that the resistance is at 4.38-4.39 similar to the Jun-Jul 12 (hint). You can refer to their 1 year chart for more information.
 
 
Good luck & may the bull trend be with us.
with US markets on holiday, trading will be light in Asia markets..
good run up by semb mar..
opening ard $4.4
congrats to those who bought cheap below $4.2
gd luck dyodd
4.42 up 4% today..
CHIONG AH!
gd luck dyodd
buy low sell high
ozone2002 ( Date: 21-Nov-2012 10:16) Posted:
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" Sembmar needs a white candle" ??? how abt the Volume vs price
White candle consists of many types ( full, 3/4, 1/2, 1/4)
So, which one?
The offshores were mostly trading higher yesterday. Kepcorp lead the surge as it closed with 1.6% higher. Its support at 10.00 level was immediately confirmed yesterday and it tested the immediate resistance level of 10.17 level.
If the bullish strength continues, Kepcorp will likely to test the next resistance of 10.28 level.
Sembmar also managed to close higher yesterday. It might have confirmed its support at 4.10 level, its candle pattern yesterday shows its reluctance to trade higher.
Sembmar needs a white candle to be formed today in order for it to have more strength to head towards its resistance at 4.34 level.
Sembcorp was the tyrant of this sector yesterday. Not only it had reversed the gains from the gap up opening, it also reversed its previous day’s gains. It could be probably due to its resistance at 4.93 level and is unable to break it.
However, the oversold indication from RSI and Stochastic should help Sembcorp to limit its downside and push its attempts for rebound.
Overall, the offshores are sustaining well and will probably not drag STI lower today.
[Trading Central] Sembcorp Marine: the downside prevails.
19 Nov 2012 09:41
Update on supports and resistances.
Short Term View (Rise, Limited Rise, Consolidation, Limited Decline, Decline) |
Limited Decline |
---|---|
Change In Short Term View | None |
Medium Term View (Bullish, Range, Bearish) |
Range |
Change In Medium Term View | None |
Pivot: 4.4
Our preference: Short positions below 4.4 with targets @ 3.65 & 3.3 in extension.
Alternative scenario: Above 4.4 look for further upside with 4.65 & 4.77 as targets.
Comment: as long as 4.4 is resistance, likely decline to 3.65.
Key levels
4.77
4.65
4.4
4.16 last
3.65
3.3
3
Copyright 1999 - 2012 TRADING CENTRAL

Click to view chart in actual size.
let's got semb mar 4.26!
buy on bad news (low) sell on good news (high)
go go go
gd luck dyodd
In 2001, this stock I bot was already too exp that time.
The major turn is th $6.00 profit taking period before their unfamous unauthorised forex case follow by the global meltdown.
Most penny players would had sold by then for almost 1000% profit WoW!!!
And there were alot of upgrading from local brokerage house such as ocbc, db s and etc,  first time they announce the rig order due to high demand to replace the damaged ones in texas.
But some old bird argue, sembmar build and repair rigs in the 1980s. not veri sure.
year 2001.
bh704428 ( Date: 20-Nov-2012 20:12) Posted:
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which yr did u bot at 45 cts?!
krisluke ( Date: 20-Nov-2012 18:25) Posted:
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I think iscould be the ME news , some good news on fiscal cliff and most of all it year end liao... ...
bbwolf82 ( Date: 20-Nov-2012 09:34) Posted:
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14 cents below the psy lv at 400 cents
I bot at 45 cents, 85 cents and 104 cents many many years ago.
Still holding it
Will add the most another  5 lots at 385/6 depending on econonmy outlook, company incomes and contract type... ...
It becomes too cosy to hold one kind of stock..
bbwolf82 ( Date: 19-Nov-2012 09:22) Posted:
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May 2013 .... ....
It is a call for profit taking and both eyes view on the new yards $$ income
prior the next move ? ????
krisluke ( Date: 19-Nov-2012 13:46) Posted:
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The offshores closed slightly higher yesterday.
Sembcorp lead the rebound as it confirms its bullish reversal candle. Currently, it is facing a minor resistance at 4.86 level and if the bullish strength continues, Sembcorp will likely to test 4.93 level.
Sembmar tried to catch up with Sembcorp in terms of its bullishness. However, Sembmar ended its day with a black inverted hammer which could be a possible bullish reversal point.
In order for Sembmar to confirm the reversal, it must trade above 4.18 level today. If that happens, Sembmar might be able to rebound towards 4.32 level to test it as resistance.
Kepcorp also struggled to rebound yesterday and it is starting to show that its support is starting to form. If Kepcorp is able to close higher than 10.06 level today, it will likely to rebound towards its resistance at 10.22 level.
Overall, the offshores will likely to continue to attempt rebounding today.
Suddenly up..
Any reason?
In may 2013, phase 1 to be completed.  Workers quarters, workshop, guard house, check point, bin centre  and office are now in the progress of mid construction.  The remaining 2 phases will spend another 12 years to be built. It cost them about sgd 58,000,000 to build.
Jalan Samulun (only doing ship repair) will be shifted there once building construction work completed.
left hand pass to right hand, the $ is still within " sembcorp" pocket.
The architect consultancy is from ST Architects... ...