ST Engineering: More weakness still expected with selling seen today again, till where? price 3.06

More selling seen today too with a new recent low at 3.06…

Can it head towards the critical 3.00 psychological level as mentioned?

Quite likely for now…

May start to see some bargain hunting near 3.00…..

We had a 1ET Bearish Signal on the system 3 weeks back actually before the selling intensified…..

Have a great weekend J

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Recent Emails:

Sent: Wednesday, November 02, 2016 9:08 AM
Subject: ******** ST Engineering: A break down below 3.10 support too, may head towards 3.00 next, price 3.08

Sent: Wednesday, October 26, 2016 9:14 AM
Subject: *********** ST Engineering: Potential weakness below 3.13 - 3.14.... price 3.14

For illustration purpose only