ST Engineering    Last:7.95    -0.01

ST Engg

Err.. So what does that mean ? Vested at 2.3 , waiting for it to go up till 2.58 ?

 

take a look at the chart, it lags STI by more than 30%


 

 

But look like ST Eng started to move since yesterday.

 

ha ha cleared ds burger before XD, no teh talek, treat it as free service. switching counters liao.

Now, sentiment diff fr then, but still be cautious loh. No calling.

 

Lag the market by a very large %. time to go up

 

ST Eng has come down quite a bit..

looking good for an entry again..DYODD

 

No doubt about it, this is a good stock to keep for long term.....hmm, lets see can buy a little bit lower at the current range.

 

I was taught only buy on Up-trend, but for e.g ST Engg, indicator shows down trend but now it's oversold. Isn't oversold also a good time to buy ? I'm confused... 

 

Nice chart,  potential good entry point... DYODD

 

You may like to check some old cases of sold down , look at the candles and compare.

IMO, this round sold down seem to stop since very large vol over last few days. Today the buy up vol is higher than sold down.

 Thus i take the risk to buy some to keep for long term

 

think very hard to reach 2...perhaps around 2.2 plus is a good bet??

leongyee      ( Date: 13-May-2009 14:07) Posted: It has a strong support at $2.22, think will hold ard that price

 

It has a strong support at $2.22, think will hold ard that price

 

still waiting for 2

 

It still has heavy sell volume and not a time to buy yet

 

sold ds burger immediately after XD, for few bottles of Carlsberg only, run road.

 

Looks like it is not going to go down to 2.2 but stay at 2.3, watch this one....good to whether the storm which is coming. 

 

It is rated as OVERSOLD, I see the order book is fantastic, wouldnt go hungry for another year, 2.00 is not going to be easy to achieve, unless there is a crash in the next few days, 2.3 to 2.5 would be reasonable. Chart is powerful indicator but how you inteprete it is subject to debate.  Anyway my point is even if market crash again, STEng is not going to be hit too badly relatively speaking. Defensive....as it is its speciality "defensive products" "guns and bombs". haha

 

becareful...according to chartist..next support is 2.00...now is hanging at around 2.3 support...

divearse      ( Date: 12-May-2009 09:54) Posted: Looks like a good opportunity to buy, I heard it is only being manipulated by the big players at the moment, it will go up, good defensive stock as Scully ("the Shrek")said, curve wise is also OK, not expert but according to what I see it good enough, fundamentals are good and as they say if you are in for ht elong ride you cant loose on this one (caveat "they say" not "I say"), join in the ride...

 

Looks like a good opportunity to buy, I heard it is only being manipulated by the big players at the moment, it will go up, good defensive stock as Scully ("the Shrek")said, curve wise is also OK, not expert but according to what I see it good enough, fundamentals are good and as they say if you are in for ht elong ride you cant loose on this one (caveat "they say" not "I say"), join in the ride...

 

Wow.. this baby has been correcting consecutive 4th days while other already cheong roof top.. would that be rotationary turn for ST to cheong?

I saw a Gap is filled today.