Wednesday, October 28, 2020

SembCorp Ind - Looks Bright After Ditching Semb Marine

SembCorp Industries future looks bright after its divorce with SembMarine.  However, its apporaching the profit taking resistance zone at 1.68.  Be alert to take profits if you see any red bearish bar.



Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

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