During this period, we can look to accumulate stocks with good fundamentals.
One of them is Sembcorp Marine, giving $0.13 dividends per year, based on previous year records.
At current price $3.00, we are looking at 4.3% dividend. With possibility of capital gain too.
Symmetrical Triangle can be seen forming, a break on either side (Up or Down) will be strong.
Currently, it’s oversold
Suggested entry price: $2.93 – $3.00
Suggested Short Term Target Price: $3.33
Suggested Mid Term Target Price: $3.50
Suggested Long Term Target Price: $4.00