Week 16/04 - 20/04

Sembmar

SembMar has a downward sloping resistance (purple line).
In terms of weekly chart for SembMar, it seems to have a rounding top pattern.
Shooting star candlestick on Friday with high vol.
Watch for confirmation candlestick on Monday.
Support for SembMar will be 4.93, do watch your positions there.

Genting SP

Genting SP turned lower after hitting its previous critical resistance of 1.72.
Currently, a shooting star candlestick with very long upper shadow is seen.
It's likely that it may break the Fibo 50% support and close up the rising window.


Lots of counters are showing bearish signal, so those on the long side please be careful. :)