Friday, April 20, 2018

Chart[83] - Sembco Ind

The counter broke up from resistance 3.18 last week. Volume looks significant over past 2 months. Shall rising momentum continue, next resistance shall be around 3.4. Recent oil price has been in rally mood, supported by depleted oil inventory in US and production cut among OPEC. The counter is going to release latest earning result on 3 May.

Friday, April 13, 2018

Chart[82] - Wheelock

The counter broke up resistance 1.83 with significant volume on last trading day. Shall buying interest continue, next resistance is 1.91. Entitlement of dividend will expire on early 3rd May.