SEMBCORP IND Stock Code U96.SGX
Price reached a high of $2.20 on 20 April 2021 and since that high, price has been on a corrective decline but managed to hold above the cloud keeping the bullish trend intact. In the previous trading session, price moved above a recent high and created a V-shaped breakout, hinting of a move to new high at $2.27. Lagging Span is above price of 26 days ago and is above the cloud, confirming the bullish trend. MACD remains bullish and is about to have a bullish crossover, hinting of a bullish price trend ahead.
$2.27 Price Target
$2.02 Risk Management Stop
3 weeks Trade Duration