SembMarine playing at the 200D MA Support

Sembmarine is currently at the 200D MA support. We should see a bounce off this level in the next few trading sessions if this would to be a strong support level to carry on its ascending triangle pattern.

KeppelLand Outllook

Currently KeppelLand is supported at the 3.85 level (resistance-turned support). Although there appears to be a slight bounce off this price level for the last trading day, if current market sentiments were to bring it below this level, it would likely reach the next support level at 3.60, which is where the 200D MA line and the uptrend line since last year November lies and remains nicely intact, before staging a rebound from there.

NOL sideways movement for the week

For the last week, NOL has been displaying sideways movement in the price range of 1.92 to 1.99. 1.92 has the the historical resistance turned support level for the price of NOL, while that of 1.99 was established when NOL retreated from this price level over the last few days. Volume has been deceasing, and indication that market participation has been declining. A breakout and a subsequent close above 2.00 would be necessary to induce buyers back into the counter to lift sentiments.