26 October 2018, Friday, 8.58am Singapore Time
(Click on Technical Chart above to Expand)
Today, I am going to point out certain facts (Universal Truths) about Sembcorp Marine. Phase 1: Whenever Sembcorp Marine is under $3.00, it undergoes a massive accumulation and re-accumulation phase. Phase 2: Whenever it re-claims $3.00, it prepares for a mark-up phase, i.e. massive rally towards $5.80 to $6.00 sharply. 3. Whenever Sembcorp Marine hits $5.80 to $6.00, it prepares for a bear market in accordance to the standard economic cycle. 4. This analysis puts shame to ignorant fools calling for bear market, recessionary economy, or doing of any fear-mongering. This time it may be different, yes, Sembmarine may even go beyond $6.00 Long Term Resistance because this time we are in a Super-Cycle (S.C) move, with Crude Oil S.C Target at $175 per barrel.
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