Sembawang corp and Marine has similiar chart patterns.
Sembawang Corp has been in a long up trend since Nov 2008.
As long as prices stay above $5.00.
Uptrend is intact and continue till it breaks the trend.
Critical Price is $5.00. If it stays above, trend should continue.
If it comes down and especially go below $4.80, then uptrend will be broken.
look for downside risk.
Near Term, Prices may come down to $5.00 at the worst.
It has to continue to stay above for Trend to continue upwards.
If break $4.80 to $5.00
then maybe a change in price movement is possible.
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