If this is a bull there should be a flag. Just not sure how big it will be.
Same for SembCorp. A successful test of moving average follow by a bounce off.
Kyith is the Owner and Sole Writer behind Investment Moats. Readers tune in to Investment Moats to learn and build stronger, firmer wealth foundations, how to have a Passive investment strategy, know more about investing in REITs and the nuts and bolts of Active Investing.
Readers also follow Kyith to learn how to plan well for Financial Security and Financial Independence.
Kyith worked as an IT operations engineer from 2004 to 2019. Currently, he works as a Senior Solutions Specialist in Insurance Start-up Havend. All opinions on Investment Moats are his own and does not represent the views of Providend.
You can view Kyith's current portfolio here, which uses his Free Google Stock Portfolio Tracker.
His investment broker of choice is Interactive Brokers, which allows him to invest in securities from different exchanges all over the world, at very low commission rates, without custodian fees, near spot currency rates.
You can read more about Kyith here.
- New 6-Month Singapore T-Bill Yield in Late-April 2024 to Drop to 3.70% (for the Singaporean Savers) - April 18, 2024
- Golden Nuggets from JPMorgan Guide to Retirement 2024. - April 16, 2024
- Be Less Reliant on Banks and Build Stronger Capital Markets by Pushing for Better Shareholder Dividend and Buyback Yield - April 14, 2024
j
Sunday 12th of February 2012
What is your take on SembCorp Marine? It is above 200ma. I find that usually SembCorp Marine will react about the same time as SembCorp.
James
Saturday 11th of February 2012
I'm looking at around 4.50 for SembCorp, the 200dma. Not sure if it'll pull back that much.
Drizzt
Sunday 12th of February 2012
hi James and J, i tend to not look at the 200day ma because there are some that would even use 400 ma. But it has shoot past all these levels we talk about. a retreat somewhere there are likely. you may want to wait for the breakout from the retreat to add.