ST Engineering waiting to move out of consolidation

ST Engineering is tightly range bound from $3.05 to $3.08. The trading of ST Engineering on 18 May 2011 is considerably high in volume and though it momentarily fall below $3.05, the closing at $3.06 (within the trading upper and lower limits). This may be a signal that it could be reversing and moving out of the consolidation in an upward bias movement. Strategy: To long near the support or break out of $3.08 with high volume.

SIA with Wings to Soar in Unpredictable Skies

SIA is currently on a upward trend with support at around $14.00. The volatile market makes it an opportunity for trades to long on weakness as the stock has good dividends of $1.20 in August to support the stock price in the coming days. Long on weakness is possibly a good strategy. ****