SembCorp Diary Post 11/23
volume was higher at the test like bar. If volume was lower, than i will be more comfortable. I am still more negative biased due to 21st November high volume bar.
While it closes at high today. My take is due to the thanksgiving day probably SM wouldnt see US disturbing a 1-2 days mini-rally.
MY TAKE IS STILL A NEGATIVE CALL UNTIL LOWER VOLUME WAS WITNESSED AT THE PREVIOUS TEST BAR.
the test bar never comes, that happens when you are being conversative.
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