Currently SembCorp looks weak. we should wait for MACD to recover before making any entry toward this counter. The support is at 4.97. Resistance at 5.44. Although stochastic shows a positive outbreak that isn't enough to show a good entry for this counter. It is still in the bearish mode, moreover we should wait n see how the subprime goes 1st too.
My view, wait for market sentiment to settle down 1st and what for more recovery signal before entering to this counter.
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