ST Engg made a bullish crossover of the 50 day moving average on Friday 28 March 2008. This stock has many wide ranging days. Hence highly unpredictable. Would like to see some consolidation around the 50 day MA forming a flag or pennant. A breakout would then see a target at $3.59 (gap $3.59-$3.55).
Strong resistance at $3.69-$3.72 ( 200 day MA crossovers and HCR)
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