Sembmarine is trading above the 25 and 50 day moving averages and broken out of the symmetrical triangle. $3.50 necktie crossover of 25 and 50 day MA looks to be a support level (apex of triangle also).
Likely to consolidate and trade within the range of $3.50 and $3.90 (200 day MA crossover). Note HCR from $4.00 to $4.18 Trading has been low volume for several months now. Watch for price movements with large volumes signalling a change in sentiment/fundamentals.
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