ST Engg bottoms out?
trader88 — Tue, 19/08/2008 - 12:17

Singapore Tech Engineering (STENGG), a rare bullish counter in a largely negative market environment. Yes, STENGG seems to have emerged positive from the recent bottom of 2.48, a level that has now become a strong support. More confirmations are needed to ascertain its trend reversal though.
If STENGG is able to clear above the short term resistance of 2.91, more short term upside is expected.
