SembMarine has broken 50D MA support with a bearish marubozu candle last trading day. MACD is weakening and entering into the negative territorry. A strong resistance is seen at $3.95 which is the down trend resistance, 61.8% Fibonacci Retracement Level and also the 20D MA. Immediate support at $3.65 (weak support) followed by $3.38 (50% FR).
This original content is from My Stocks Investing Journey.