St Engineering – [ Worth Taking A Look? Here’s Why]

Chart Source: Poemsview 7th Oct 2019

St Engineering might be a worth a second look as it had a flush recently. Is St engineering about to fall more or is there hope? Here are some reasons that we feel that a rebound might be coming.

1. Volume today is more than previous day
2. It managed to close above the 200ema
3. It managed to close above 20ema which it failed to do so the previous time
4. It also broke out of its short term downtrend line.

As such St engineering is in our watchlist for a rebound. Lets watch for a good entry!

Some of our past records of St engineering can be seen here!

Yours

Humbly

Kelwin&Roy

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