ST Engineering had a good run up despite the negative sentiment for the last few weeks. It managed to power through and hitting a 5 year high of $4.05. It reported a good set of results this morning but instead of moving up ST Engineering started to come down. Any reasons why?
Maybe we might shed some light into this, just sharing our views only.
With that some pullback would be healthy as this might present an opportunity for an entry.
First support might be at $3.90 breaking this might see more downside to $3.80 . Let’s watch.
Want to know what we're looking at next?
Drop us a message and we'll be glad to discuss more.
Yours
Humbly
Kelwin&Roy
The post ST Engineering – [ Results Are Out, What’s Next? ] appeared first on Singaporehumblestock.
Created by humblestock | Jun 06, 2024