105421965
_MK_Watcher_
:
sold st engineering and want to re-enter but am at a loss at what price to buy... any advice? do not wish to catch a falling knife... this is my fear
_MK_Watcher_
105421965
:
Technically, while the chart is pointing upwards at this moment, it appear that 460//458 as the immediate support level. It really worth some patience to see it reaches there.
105421965
_MK_Watcher_
:
thanks for advising [Salute]. I have another question .... st engineering is a good stock and it seemed to be able to trend above 5, based on their good books order. so I wonder how should one trade... take a long position & collect dividends and add if there are pullback? appreciate your advise.
_MK_Watcher_
105421965
:
Fundamentally, it is a sound counter (as it has different business units to support each other as an overall organisation). So far, from observations, it does not have huge fall or rise even during panic sessions. It is more suitable for long term investment. (Suggested to accumulate progressively when it dips). Technically, it may reach 5 dollars, but this is unlikely be immediate, as by nature, its movement tend to be slow and steady, over a period of time.
105421965
_MK_Watcher_
:
firstly, are bank stocks still a buy? secondly, between dbs & ocbc... which has more potential? thirdly, with more rate cuts moving into 2025.... which has better 'shield' against rate cuts? thank you!!!
104255742 : What happened ?????????? Cannot go up?
_MK_Watcher_ : Nothing significantly changes fundamentally, it will start to climb the ladder once its reaches its footing around 455, 452.
105421965 _MK_Watcher_ : sold st engineering and want to re-enter but am at a loss at what price to buy... any advice? do not wish to catch a falling knife... this is my fear
_MK_Watcher_ 105421965 : Technically, while the chart is pointing upwards at this moment, it appear that 460//458 as the immediate support level. It really worth some patience to see it reaches there.
105421965 _MK_Watcher_ : thanks for advising [Salute]. I have another question .... st engineering is a good stock and it seemed to be able to trend above 5, based on their good books order. so I wonder how should one trade... take a long position & collect dividends and add if there are pullback? appreciate your advise.
_MK_Watcher_ 105421965 : Fundamentally, it is a sound counter (as it has different business units to support each other as an overall organisation). So far, from observations, it does not have huge fall or rise even during panic sessions. It is more suitable for long term investment. (Suggested to accumulate progressively when it dips).
Technically, it may reach 5 dollars, but this is unlikely be immediate, as by nature, its movement tend to be slow and steady, over a period of time.
105421965 : appreciate your advise... thank you so much!
105421965 _MK_Watcher_ : BTW, are you familiar with bank stocks? dbs & ocbc in particular.
_MK_Watcher_ 105421965 : No problem if they are within my capacity to advise.
105421965 _MK_Watcher_ : firstly, are bank stocks still a buy?
secondly, between dbs & ocbc... which has more potential?
thirdly, with more rate cuts moving into 2025.... which has better 'shield' against rate cuts?
thank you!!!
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