RK777
2022-04-28

$SEMBCORP MARINE LTD(S51.SI)$What just happened?? I go pang sai for just 5 mins and drop 15% !?

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Comments

  • Ah_Meng
    2022-04-28
    Ah_Meng
    [Cool] [Sly] [Facepalm] typical buy on rumour, sell on news... it was on overbought territory, correction is not if but when it happens... trade cautiously... I have pre-warned
    • Goodluck1010
      Like that now drop so much alr can buy now?
    • Ah_MengReplyGoodluck1010
      Replied to wrong chat... see the original msg... I have posted the answers there... think 3 posts...
    • RK777
      noted with thanks
  • Ah_Meng
    2022-04-28
    Ah_Meng
    Although it is no longer in overbought territory, it is at an initial adjustment stage, it could go either way when players are jostling for positions, some looking to buy and some sell. Wait out
  • finch55
    2022-04-28
    finch55
    why not wait for the merge and see where the share price of new company will be 1st?
    • RK777
      i am still holding on to the shares and also my dear life..... thanks!
  • Tigertraders
    2022-04-28
    Tigertraders
    U flushes away the gold. Your fault.
  • Ah_Meng
    2022-04-28
    Ah_Meng
    Too risky now to take any position... however if you wanted to buy as you are confident about its long term outlook, you can take a small position. Otherwise wait for dust to settle
  • Ah_Meng
    2022-04-28
    Ah_Meng
    The short term resistance is around 12 cents, support around 10 cents... it is your call
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