Monday, January 22, 2018

Sembcorp Marine - Soaring for Possible Privatization





The price movements of SembMarine looks like it's going to go privatize soon. The stock soared so high that after opening, there was no looking back and price continued to jumped higher and higher. Study the Top Volume I captured at 8:59am and 5 minutes later, you will see that the price soared heavily.






SembMarine reached a high of 2.42 before taking a short simmer to 2.38 but I still believe it's strong for more upside until news the factual is out. Look at the wall, it pierced through with speed and the buyers were concentrated with strong forces. I never thought it would soar so high but it superseded my expectations.

Eventbrite - The Top 4 Stocks for 2018 Private Event

Ronald K - Market Psychologist - A Stock Market Opportunist