Shares & Derivatives
ST Engineering: Elliott Wave C Down
By Marubozu  •  June 23, 2013

ST Engineering rebounded and looked like completed Wave B after rejected at 20D SMA and 61.8% FR resistance at about $4.00. Watch next few days to see whether ST Engineering trade below $3.90 and $4.00. If yes, Elliott Wave C in action with support $3.59 (recent low) followed by the 161.8% FR target of $3.00.

2013June22-ST Engg-800x600

See previous stock chart analysis on ST Engineering here....
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By Marubozu
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