ST ENGINEERING Stock Code S63.SGX
Outlook
The chart outlook remains bullish as price is trading above the cloud. Conversion and base lines remain in a bullish crossover. MACD is bullish and is rising. These could increase chances of the stock price moving higher.
Strategy
S$4.68 Buy
S$5.00 Price Target
S$4.52 Risk Management Stop
3 weeks Trade Duration
ST ENGINEERING Stock Code S63.SGX
Outlook
The chart outlook remains bullish as price is trading above the cloud. Price is currently consolidating within a flag pattern. MACD is still bullish and a bullish crossover could be likely. These could increase chances of the stock price moving higher.
Strategy
S$4.47 Buy
S$4.81 Price Target
S$4.39 Risk Management Stop
3 weeks Trade Duration
ST ENGINEERING Stock Code S63.SGX
Outlook
Price is trading above the cloud, keeping the uptrend intact. Conversion and base lines remain in a bullish crossover. MACD remains bullish with both of its lines above the zero line. These could increase chances of the stock price moving higher.
Strategy
S$4.08 Buy
S$4.44 Price Target
S$4.00 Risk Management Stop
3 weeks Trade Duration
ST ENGINEERING Stock Code S63.SGX
Outlook
The chart outlook is bullish as price is trading above the cloud. Conversion and base lines remain in a bullish crossover that hints at potential upside ahead. MACD is strong and bullish. We are likely to see price continuing to move higher after a minor correction.
Strategy
S$4.04 Buy
S$4.29 Price Target
S$3.94 Risk Management Stop
3 weeks Trade Duration
ST Engineering Stock Code S63.SGX
Outlook
Price has been capped below the conversion line for the past 3 trading sessions, keeping the bearish trend intact. Conversion and base lines had a bearish crossover, hinting at a bearish price trend. Lagging Span is below price of 26 days ago but is above the cloud. MACD is bearish with both lines above the zero line. MACD is hinting at a bearish price trend. We think price is likely to move lower to the previous price support at $3.31 in the next 2-3 weeks.
Strategy
$3.50 Sell
$3.31 Price Target
$3.61 Risk Management Stop
3 weeks Trade Duration
