Saturday, March 04, 2006
Semb Marine - Sunday, February 26, 2006
Price has fallen for the last 3 weeks from high at $3.04 to low at $2.85 on Thursday 23rd Feb. Tiny inverted hammer formed that day followed by gap up on Friday morning opening. Tested $2.91 resistance then close at opening price forming a doji. Stochastics crossover at oversold region with increase volume indicates accumulation. RSI turning upwards from oversold region according to chartnexus but was informed that SI chart RSI is about 49 and turning up also. Interesting week ahead for this stock.
# posted by Cherie : 1:10 PM
