SEMBCORP IND Stock Code U96.SGX
Outlook
The chart outlook is strong and bullish as price is trading far above the cloud. Conversion and base lines remain in a bullish crossover. MACD is strong and bullish and is turning up. These could increase chances of the stock price penetrating its recent high to move higher.
Strategy
S$5.53 Buy
S$5.89 Price Target
S$5.39 Risk Management Stop
3 weeks Trade Duration
SEMBCORP IND Stock Code U96.SGX
Outlook
Price couldn’t penetrate its previous high, forming a potential double top chart pattern. It is currently consolidating within a tight range, hinting at high volatility ahead. MACD has turned bearish. These could increase chances of the stock price moving lower.
Strategy
S$5.10 Sell
S$4.72 Price Target
S$5.21 Risk Management Stop
3 weeks Trade Duration
SEMBCORP IND Stock Code U96.SGX
Outlook
The chart outlook is bullish as price is trading far above the cloud. Conversion and base lines remain in a bullish crossover that hints at potential upside ahead. MACD is bullish with both of its lines above the zero line. These could increase chances of the stock price moving higher.
Strategy
$5.52 Buy
$6.05 Price Target
$5.32 Risk Management Stop
3 weeks Trade Duration
Sembcorp Ind. Stock Code U96.SGX
Outlook
Price broke below its recent low, enhancing the bearish view. Conversion line and Base line had a bearish crossover and is hinting at a bearish price trend ahead. Lagging Span is below price of 26 days ago but is above the cloud at the moment. MACD is bearish with both its lines below the zero line. If price is unable to move above the cloud, it could be heading towards the support at $2.79 in the next 2-3 weeks.
Strategy
$2.99 Sell
$2.79 Price Target
$3.11 Risk Management Stop
3 weeks Trade Duration
Sembcorp Ind Stock Code U96.SGX
Outlook
Price broke above a previous high as well as an Ichimoku V-shaped structure two days ago, triggering a breakout with a price target at $3.33. Conversion line and Base line remained in a bullish crossover and is hinting at a bullish price trend ahead. Lagging Span is above price of 26 days ago and is above the cloud, confirming the bullish price trend. MACD is bullish and is hinting at a bullish price trend. If price is able stay above the breakout, it could be heading towards the V-shaped price target at $3.33 in the next 2-3 weeks.
Strategy
$3.04 Buy
$3.33 Price Target
$2.89 Risk Management Stop
3 weeks Trade Duration
