Bukit Sembawang (SGX: B61) continued bearish momentum will continue based on the technical
indicated:

1. The stock has a series of lower lows and the recent price touched a new low at 4.49.
2. Bearish pennant formation signifies a continued downside pressure with a strong possibility
   of making another new low.
3. Prices has been trending below the 50 and 200 SMA.
4. Death cross since August 2019 is still valid.

*Timeline of the trade should be between 1-3 weeks from the date issued.

CHART LEGENDS
Simple Moving Average
Red dotted line = 200 SMA
Blue dotted line = 50 SMA