Thursday, February 7, 2013
Sembcorp Industries (technical)
Sembcorp Industries - Counter appears to be consolidaiting, with RSI and Stochastics all exhibiting neutral trends. Note however that prices has been well-supported by the 20 day MA, which would provide near-term support for the share price ($5.45). The recent high of $5.58, would act as near-term resistance and a close above those levels could see further upside.
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