St Engineering – [ Closed Day High, Increased In Volume, What’s Next? ]
Chart Source: Poemsview 14th Jan 2020
St Engineering continues it move up after a retracement. It hit our second target of $4.11 from our previous post and closed day high at $4.12.
St Engineering is up 3.5% since our entry price of $3.97 in exactly a week. A very decent gain if you ask us. What is interesting now is that there is an increased in volume which might help sustain the next up move.
We’re looking at $4.17 which is also the downtrend line resistance as the next target. Lets watch.
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Humbly
Kelwin&Roy