$ST Engineering (S63.SG)$ mkt sentiment doesn't look positiv...
$ST Engineering (S63.SG)$ mkt sentiment doesn't look positive for now. what would be an entry price for this stock?
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TGongkia : No expert but i will consider entering if 4.62-4.65…
105421965 OP TGongkia : thanks for reply, appreciated.
_MK_Watcher_ : Technically, 462 & 456 could be a 'safer' level for progressive entries based on current sentiment. Expecting the next 10 days could be highly volatile in global and local markets, leading to US PE & FED Nov meeting. There could be windows of opportunity as well.
105421965 OP : hello and thanks so much for the trouble to advise.
105421965 OP : sats has gone up so much on last Friday. frankly didn't expect such drastic movement prior to their Q2 reporting on 07 Nov. gonna watch v closely for the next couple of weeks. any thoughts?
102860156 DNg TGongkia :
105421965 OP _MK_Watcher_ : today 4.58 lowest. pce and job data coming out plus fed meeting and importantly US PE... is it an entry? any advise?
_MK_Watcher_ 105421965 OP : If situation permits, you may like to consider to observe for a day or two (to see if it stays well at the current level, or it is still moving downwards, as we are approaching the final trading day of the month. Plus, there could be high level of market volatility leading to US PE by week 1 of November. At this moment, a lot of traders are staying sideline, looking for better visibility before the big move (which can be up or down direction).
105421965 OP : good advice as always, thank you!