Sembcorp Marine, Keppel Corp and Implications for Worldwide Crude Oil and Energy Related Stocks (includes commodities and shipping/shipbuilding):
23 January 2018, Tuesday, 3.40pm Singapore Time
(Click on Technical Chart above to Expand)
Attached is the technicals for Sembcorp Marine, a brother stock of Keppel Corp which is the largest oil-rig builder in the world. Sembcorp Marine and Keppel Corp are hence best indicators for crude oil demand in the world, especially that these 2 companies are highly sensitive to international market trends. Sembcorp Marine is used as analysis here as it is more eye-catching today.
Refer to all illustrations on chart: they highlight a lot of important information.
Sembcorp Marine has broken up large scale accumulation's resistances with deliberation, and that is to mean, all my live fore-warnings over the last 2 years on the secret buys by smart monies on crude oil stocks, crude oil related stocks, energy stocks, offshore oil and gas stocks and commodity stocks have completed. Markets will now proceed to super rally these kind of stocks worldwide, especially commodity stocks and crude oil (energy) stocks.
Sembcorp Marine, Keppel Corp, crude oil stocks, crude oil related stocks, offshore oil and gas stocks, energy stocks and commodity stocks worldwide are jump-starting a whole new bull cycle, per my January 2018 forewarnings. This also means that shipping, shipbuilding and Baltic Dry Index worldwide had rock bottomed per my recent fore-warnings too because shipping, shipbuilding and Baltic Dry Index are tied up as a bundle to crude oil, crude oil related industries, offshore oil and gas, energy and commodities worldwide All these stocks will go multifold from +100% (large caps) to +1000% (small caps) with a mean of +500% profits (mid-caps) in upside.
The Donovan Norfolk Technical Rating:
Very Bullish
(Expected to rally for the rest of 2018 and into 2019)
(Expected to rally for the rest of 2018 and into 2019)
Past Related Analyses (MUST READ IN DETAIL):
