SembMar share price has been supporting very well at the $1.55 level for past weeks. Tested several times this support level and is able to hold up quite well. RSI and Stochastic signals starting to show sign of moving up from oversold and potentially a near-term rebound from oversold could materialize. DI pair though still negatively spaced but with ADX signal below 20, the downside should be limited. Immediate support is at the $1.55 level and potential upside target for a rebound could be the $1.80 level. Furthermore, SembMar should be announcing its earnings within these 2 weeks and that could potentially trigger the rebound.
