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Exam results are out. Is this the time to go for a holiday?
 
Singapore

SembCorp
 
With the recent run of SembCorp from a low of $1.87 on 23rd Feb 2009 to recent high of $3.33 on 8th May 2009, SembCorp is showing some signs of exhaustion with prices going higher but RSI forming a lower high, a sign of bearish divergence. Support for SembCorp would be the rising window together with 20 day moving average from $2.87 to $2.90. Stronger support would be at $2.56. Resistance for SembCorp would be at $3.25 with stronger resistance at $3.50
 
 
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