SembMarine

There are some buy call for this counter. Well, not a bad call from my point of view, at least this stock have an "inflated" (comfirmed) order book and a clear predictable earning for all to see, any additional order will definately strengthen it, thus reasonable and it could be a defensive stock.

TA alone, it seem to me there is some selling going on for the pasted days and it is quite uniform. To put it squarely, may be some bigfish is selling or pushing the price down. The last three sessions had causes the price to trade below 100days MA. Near term support at 2.58, if this level is broken, I will be a little concern of the downward pressure and will be monitoring closelybetween 2.00 - 2.58 ;P

Happy Investing. :D