Market Diary:
World Indices:

Tuesday, April 26, 2011

SembMar - Is it a good buy now?

Sembmar drops $0.30 today due to XD. Is it a good buy? I have some reservation for two reasons:
1. The peak on April 21 failed to breach the peak on April 8;
2. There is a bearish divergence on RSI and the underlying prices
I suspect SembMar may face some headwind in the near future.