Closing thoughts of the surge in these counters

The morning trade was strong for Keppel, SembCorp and SembMarine.

In the afternoon, there is some flizzling out momentum in terms of pushing the prices higher. Both SembCorp and SembMarine prices were push up yesterday by 10%.

Let see what happen at the end of the day.

Keppel has strong volume and it is loses some momentum towards the end of the day but the good news is that MACD shows positive buying into the stock at the final hour. The blue line cross over happens in the last 30 minutes of the trading day.

Keppel Day Stock chart
Keppel Day Stock chart
 Sembmarine appears to have resistance to push further. It went almost flat for the day. the MACD is nice on the last hour like Keppel. Volumes are good.

Sembmarine Day Stock chart
Sembmarine Day Stock chart
 SembCorp ended the day lower among the three. Lost moment at the opening. maybe due to profit taking. Volumes are also decling a bit. I think it may be positive over the long run.

SembCorp Day Stock chart
SembCorp Day Stock chart
Looks like positive moment will continue tomorrow.

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