An Adam & Eve pattern is forming on Sembcorp Marine. This is a potentially bullish pattern, confirmed upon breaking above the neckline at 1.90 .
This stock has been in a down trend since hitting a high of $5.46 in 2012 and since then, it has seen a number of rallies that failed. The formation of an Adam & Eve pattern now is potentially a harbinger that it's worst could be over. A break above 1.90 would confirm this.
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