SembCorp Marine

SembCorp Marine: CIMB has Technical Sell call. Highlights that prices have hit and surpassed targeted area of $4.44-$4.50 and recommends locking in profits. Note that MACD is about to confirm its dead crossover, while the RSI is already supporting a bearish divergence. Prices are now likely to ease to try to close the $4.29-$4.34 gap, following which next support level would be $4.12-$4.24.