Sembcorp Marine: 15 July 2019, Monday

Sembcorp Marine:

15 July 2019, Monday
(Click on the Technical Chart Above to Expand)

Attached is the updated Technicals for Sembcorp Marine that is listed in the Singapore SGX. Sembcorp Marine is currently at the secular cycle support and attempting to consolidate in a long term big double bottom as a new trajectory. This is illustrated in as Region B on technical chart. Region B price range (accumulation) is coincidentally a price satisfaction on Region A distribution. The entire series of trajectory is now not only symmetrical in price action Y-axis, it is now approaching symmetry in X-axis time line as well. This means Sembcorp Marine will resume its large uptrend from here, i.e. it is likely to break up $3.00 resistance (+100% profits from here), and eventually re-test $6.00 resistance. We are still in large bull market worldwide which will raise almost all boats.

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

The True Picture of Sembcorp Marine : 26 October 2018, Friday, 8.58am Singapore Time

The True Picture of Sembcorp Marine : 

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.

Donovan Norfolk Ang

The True Picture of Sembcorp Marine : 26 October 2018, Friday, 8.56pm Singapore Time

The True Picture of Sembcorp Marine : 

26 October 2018, Friday, 8.56pm 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 Super-Cycle (S.C) moves with Crude Oil S.C Target at $175 per barrel.

Donovan Norfolk Ang

Sembcorp Marine: 3 October 2018, Wednesday, 2.35pm Singapore Time

Sembcorp Marine:

3 October 2018, Wednesday, 2.35pm Singapore Time

(Click on Technical Chart above to Expand)

Attached above is the Technicals for Sembcorp Marine. Following my analysis to add buys at $1.96 on 23 July 2018, it has furthered rallied again after the successful backtest of long term support as illustrated on chart. The chart shows how Sembcorp Marine had turned long term resistance into long term support to indicate that the shipbuilding, O&G, Energy and Oil Rig Industry had switched from Winter to newfound Spring in 2018 onwards. The bull market worldwide has high upside. We are at just mid-point of a long term bull market as reiterated countlessly. Target is $4.40 based on the extremely large cup and handle formation.

Donovan Norfolk Ang

Sembcorp Marine: 23 July 2018, Monday, 11.50am Singapore Time

Sembcorp Marine:

23 July 2018, Monday, 11.50am Singapore Time

(Click on Technical Chart above to Expand)

Attached above is the Technicals for Sembcorp Marine. It is currently down -5.102% at $1.860 and using bad news to do a final price action backtest confirmation of its new spring (transition from winter to spring for the industry). Following the massive cup and handle bullish accumulation and its violent breakout, it is currently forming a minor double bottom in purple (again, using fear for chalking up accumulation-buys). This purple trajectory is currently backtesting the resistance-turned-support band in black. The volume flow remains a highly bull market volume flow. I expect Sembcorp Marine to break out beyond $3.00 in 2019. 

Donovan Norfolk Ang

Sembcorp Marine: 22 May 2018, Tuesday, 4.05pm Singapore Time

Sembcorp Marine: 

22 May 2018, Tuesday, 4.05pm Singapore Time

(Click on Technical Chart above to Expand)

Attached is the Technicals for Sembcorp Marine, a crude oil related cum shipbuilding related stock that is listed in the Singapore SGX. Red circles denote prices being resisted and upmove being rejected. Green circles denote prices being supported and upmove being accepted. Taken together as technical chart interpretation, the entire series of red circled regions and green circled regions show how the stock transits from a long term downtrend into a new bull market of new long term uptrend now. It is ready for more rallies. A rally beyond the high of the entire chart shown is expected.
Reiterate: Highly Bullish (Strong Buy). $2.80 will break up for a move beyond $3.00.

Donovan Norfolk Ang

SembCorp Marine: 8 May 2018, Tuesday, 10.19am Singapore Time

Sembcorp Marine: 

8 May 2018, Tuesday, 10.19am Singapore Time

(Click on Technical Chart above to Expand)

Attached above is the Technicals for Sembcorp Marine which together with Keppel Corp dominates their industry. Sembcorp Marine is cushioned strongly by the moving average band of support. This band of supports have been absorbing all market sells from the retailers and from anyone who wants to sell. This is very bullish in nature. The moving average band of supports will be used to launch further uptrends. The technical price structure is as follows:

Long Term: Bullish (Uptrend)

Mid Term: Correction
Short Term: Sideway
Immediate Term: Correction
(Bad news is never able to cause this stock to go below moving average band that is acting as a strong band of support for its general uptrend: Bullish. More uptrend expected)

Donovan Norfolk Ang

Sembcorp Marine: 11 April 2018, Wednesday, 2.35pm Singapore Time

Sembcorp Marine: 

11 April 2018, Wednesday, 2.35pm Singapore Time

(Click on Technical Chart Above to Expand)

I am adding some more buys on Sembcorp Marine @ 2.25 today 11 April 2018 Wednesday after my buy adds @ $2.22 yesterday 10 April 2018 Tuesday, and my buy adds on Sembcorp Marine @ $2.16 on 9 April 2018 Monday. Sembcorp Marine is a builder of oil rigs, floaters, offshore platforms, ships and niche chips. I am looking for at least +100% gains in my buys, longs and investments.  I am hyper bullish on the stock just as I am very bullish on Crude Oil since $30 per barrel (refer past track records).  In addition I continue to be bullish on the super-cycle scale in shipbuilding, shipping, commodities , raw materials, metals and energy-crude oil sectors worldwide.

Donovan Norfolk Ang

Sembcorp Marine: 10 April 2018, Tuesday, 1.32pm Singapore Time

Sembcorp Marine: 

10 April 2018, Tuesday, 1.32pm Singapore Time

(Click on Technical Chart Above to Expand)

After my buy adds @ $2.16 yesterday, 9 April 2018 Monday, I am adding even more buys on Sembcorp Marine @ $2.22 today, 10 April 2018 Tuesday. Sembcorp Marine is a builder of oil rigs, floaters, offshore platforms, ships and niche chips. I am looking for at least +100% gains in my buys, longs and investments.  I am hyper bullish on the stock.  In addition I continue to be bullish on the super-cycle scale in shipbuilding, shipping, commodities , raw materials, metals and energy-crude oil sectors worldwide.

Donovan Norfolk Ang

Sembcorp Marine Intra-day Technicals: 9 April 2018, Monday, 11.20am Singapore Time

Sembcorp Marine Intra-day Technicals: 

9 April 2018, Monday, 11.20am Singapore Time

(Click on Technical Chart Above to Expand)

Attached above is Intra-day Technicals for Sembcorp Marine.

I am bullish of Sembcorp Marine and adding more buys @2.16, a posture which I had stated on my FB Wall Live Tweet on 5th April 2018 Thursday that if DJIA held most of its gains, I will add even more Sembcorp Marine cheaply, as it is very cheap -- a steal at this kind of prices. 

Donovan Norfolk Ang

Sembcorp Marine Funds Flow Analysis (with implications for crude oil): 28 March 2018, Wednesday, 8.52am Singapore Time

Sembcorp Marine Funds Flow Analysis: 

28 March 2018, Wednesday, 8.52am Singapore Time

(Click on FFA Chart above to Expand)

Attached is the longer term funds flow on Sembcorp Marine, an important oil industry player. The first black circled region shows the region of first accumulation 1 at $1.40 to $1.80 zone where prices went down but smart money funds inflow went up. The second black circled region shows the second re-accumulation 2 of $1.60 to $2.10 zone where prices went down but smart money funds inflow continued to go up. The entire series are large waves, meaning crude oil is judged to have large wave upside, in line with my super-cycle target for crude oil of $175-$180 per barrel (refer to past comprehensive analyses). The 3rd circled region in green is our current point where there was no net outflow despite the overall worldwide market correction recently. Worldwide market corrections remain a healthy correction within a big bull market, with much more upsides to go for 2018 and 2019.

Donovan Norfolk Ang

Sembcorp Marine Hourly Funds Flow: 26 March 2018, Monday, 9.53am Singapore Time

Sembcorp Marine Hourly Funds Flow: 

26 March 2018, Monday, 9.53am Singapore Time

(Click on FFA Chart above to Expand)

Attached is the Hourly Funds Flow Tabulation of Sembcorp Marine. There was no net outflow for the year 2018 no matter how worldwide markets did their corrections using fear factor as the pokers' liar. Increase in net longs inflow again since early March.

Donovan Norfolk Ang

Sembcorp Marine: 28 February 2018, Wednesday, 5.50pm Singapore Time

Sembcorp Marine: 

28 February 2018, Wednesday, 5.50pm Singapore Time

(Click on Technical Chart Above to Expand)

Attached is the Technicals for Sembcorp Marine. It shows how the stock slowly transited from long term downtrend to new long term uptrend.

I have gotten the majority of my Sembcorp Marine at $2.15 now. Most of my averaged buys are around this price in aggregation. Today it ended at $2.12. For those who got lower prices than me, I congratulate you for outperforming me. When this current backtest of support in green ends, Sembcorp Marine will go for breakout of $3.00 psychological resistance.

Donovan Norfolk Ang

Sembcorp Marine: 23 February 2018, Friday, 10.01am Singapore Time

Sembcorp Marine: 

23 February 2018, Friday, 10.01am Singapore Time

(Click on Technical Chart Above to Expand)

Sembcorp Marine is using bad results of its Quarterly Corporate Report to violently shake out weak minded holders and investors. This shakeout is an important shakeout because the financial markets are brewing for a large new uptrend for crude oil related companies now. This shakeout will be very convincing and successful because it is done using bad news, and this usage of bad news to merely backtest large uptrend's double blue line supports will make weak minded investors and holders look very silly in 2019 and 2020 if they had indeed been bearish in 2018 because they use prevailing news to cloud their judgement. Markets are forward-looking  and pricing for $175-$180 per barrel crude oil, not current-looking nor even backwards looking for past results. 

For Sembmarine, how to catch bottom:
Enter in 3 batches:
One per mid-week starting from next week. 
Every wednesday enter 1 batch using Wednesday's opening price for 3 weeks

You will likely catch its bottom like how DBS bottom was caught at $16.00-$17.00 earlier by precision early bird followers using bad news. And DBS is now close to $30.00.

(Note: I am obliged to tell you that the above is not an inducement to trade or invest, and I bear no responsibility for your profits and losses. As a gentle reminder out of goodwill, never enter show hand everything in just 1 stock-equity, because there is always the fantastic 4 to average as a basket or that there are also other quality eggs out there to concoct with The Fantastic 4 for a pretty basket)

Best of Luck.

Donovan Norfolk Ang

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

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)

Past Related Analyses (MUST READ IN DETAIL):

https://donovan-ang.blogspot.sg/search/label/SembCorp%20Marine

https://donovan-ang.blogspot.sg/search/label/Keppel%20Corp

https://donovan-ang.blogspot.sg/search/label/Light%20Crude%20Oil

Donovan Norfolk Ang

Sembcorp Marine: 10 September 2017, Sunday, 11.59pm Singapore Time

Sembcorp Marine: 

10 September 2017, Sunday, 11.59pm Singapore Time

(Click on Technical Chart above to Expand)

Attached is the technicals for Sembcorp Marine. Sembcorp Marine is a leading global marine and offshore engineering group that is highly correlated to the oil rig and crude oil market. The red circled region is my fore-warnings in 2014 severely warning that crude oil will crash. The green circled region is my fore-warnings in 1H-2016 warning that 1H-2016 will see the true rock bottom of crude oil. The black rectangular region illustrates where huge selling absorption by smart monies occurred and the purple illustrations tell you where the confirmation of selling absorption was achieved. The yellow bullish wedge is currently guiding the healthy low volume retracement which is backtesting the blue long term resistance-turned-support bullishly for resumption of new long term uptrend. The entire series of volume flow means there are more upsides in crude oil and crude oil related stocks and commodities. Bullish. Scoop up as much Sembcorp Marine as possible. Buy big.

A rising tide in worldwide stock and equity markets will continue in 2017 and 2018. 

Track Records:

http://donovan-ang.blogspot.sg/2014/02/sembcorp-marine-9-february-2014-sunday.html

http://donovan-ang.blogspot.sg/2014/11/sembcorp-marine-11-november-2014.html

http://donovan-ang.blogspot.sg/2016/02/light-crude-oil-technical-volume.html

http://donovan-ang.blogspot.sg/2016/08/light-crude-oil-wti-oil-technical.html

http://donovan-ang.blogspot.sg/2016/09/crude-oil-technical-analysis-6.html

http://donovan-ang.blogspot.sg/2016/09/light-crude-oil-12-september-2016.html

http://donovan-ang.blogspot.sg/2016/09/crude-oil-technical-analysis-29.html

http://donovan-ang.blogspot.sg/2016/11/crude-oil-technical-analysis-wtius.html

Donovan Norfolk Ang

Sembcorp Marine: 2 March 2017, Thursday, 9.38pm Singapore Time

(Click on the chart above to enlarge)

Sembcorp Marine: 

2 March 2017, Thursday, 9.38pm Singapore Time

Attached is the technicals for SembCorp Marine, an SGX listed crude-oil-correlated stock. My forewarnings in 2013-2014 to dump all oil-related stocks on market bullishness is as highlighted in RED Circle in chart. Shortly after my severe warnings on the light crude, the super crash of Crude Oil came in 4Q-2014, true to my forewarnings.

My live warnings in 2H-2016 forewarning that Crude Oil, Offshore Oil and Gas stocks will rock bottom in 2H-2016 is as highlighted in Green in the chart. My analyses in 2016 forewarned that quality oil rig and oil related stocks such as Sembcorp Marine, KepCorp and many energy companies will all rock bottom in 2H-2016 and rally from there (refer to the crude oil analyses). It is all executing as pre-warned. Attached too are the track records over the years.

Track Records:

http://donovan-ang.blogspot.sg/2014/02/sembcorp-marine-9-february-2014-sunday.html

http://donovan-ang.blogspot.sg/2014/11/sembcorp-marine-11-november-2014.html

http://donovan-ang.blogspot.sg/2016/02/light-crude-oil-technical-volume.html

http://donovan-ang.blogspot.sg/2016/08/light-crude-oil-wti-oil-technical.html

http://donovan-ang.blogspot.sg/2016/09/crude-oil-technical-analysis-6.html

http://donovan-ang.blogspot.sg/2016/09/light-crude-oil-12-september-2016.html

http://donovan-ang.blogspot.sg/2016/09/crude-oil-technical-analysis-29.html

http://donovan-ang.blogspot.sg/2016/11/crude-oil-technical-analysis-wtius.html

Donovan Norfolk Ang

Sembcorp Marine: 11 November 2014, Tuesday, 9.22pm Singapore Time

Sembcorp Marine: 11 November 2014, Tuesday, 9.22pm Singapore Time
Chart courtesy of Chartnexus.com

Attached above is the Technical Analysis of Sembcorp Marine. 

Refer to all points in the chart above.

It has broken down the triple supports of $3.95, $3.88 and $3.76 respectively, a warning which I had previously cautioned severely before it happened. 

Refer to the points above where I had issued the warnings.

Sembcorp Marine will proceed to break down MULTI-YEAR LOWS as per warned previously at the end of 2013 and during the start of 2014.

It is also what I meant by many stocks and equities investors, especially those vested in oil and energy related stocks, will bleed and suffer significant wealth destruction in their investment portfolios and unit trusts.

If people had been calling you to load stocks and equities, you must had ignored all my warnings which were well intended because your risks of downside is always far far worse than any upside, if any. Main trend is down; main trend is not up, as warned live in end 2013.

Donovan Norfolk Ang Technical Rating:

High Bearishness

Long Term (1-2 years):
To break down $2.50 Support in 2015

All past Sembcorp Marine Analyses:
http://donovan-ang.blogspot.sg/search/label/SembCorp%20Marine

Donovan Norfolk Ang

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SembCorp Marine: 9 February 2014, Sunday, 1.11pm Singapore Time

SembCorp Marine: 9 February 2014, Sunday, 1.11pm Singapore Time
Chart courtesy of Chartnexus.com

SembCorp Marine Technical Analysis as above:

1a. Huge Bearish Fan of Further Distribution as above

1b. Huge Descending Triangle as above

2. Broke down $4.39, $4.21 and $4.10  respectively.  

3. The $4.39, $4.21 and $4.10 is critical band of support.

4. The $4.39, $4.21 and $4.10 critical band of support is now high selling-pressured resistance now

5. Sell-down target is to break down previous Euro-zone crisis low of $3.05 and go for $2.75.

6. Expect first real wave of Margin Calls to further depress the financial markets.

Donovan Norfolk Ang Rating:

Highly Bearish for the long term.

Unload/Sell/Short on every Rebound

(Hint for Worldwide Markets: Bearish)

If you're not getting out for safety, are you prepared 
for the high downside with substantial loss for those with buys/longs/investment portfolio?

(Expect to see first real wave of Margin Calls worldwide that had not been seen since 2008 financial crisis)

Donovan Norfolk Ang

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