$ST Engineering(S63.SI)$

S63’s pullback after hitting a new high could present a buying opportunity if the retracement reflects profit-taking rather than weakening fundamentals. Strong earnings growth, positive forward guidance, and sector strength would support a continuation of the rally. However, if the retrace signals fading momentum or macroeconomic headwinds, further downside could follow. Technical support levels and trading volume should be watched closely for confirmation. Catching the dip could pay off if the broader trend remains intact.

# ST Engineering Rally: A Better Buy Than Other Blue-Chip Stocks?

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  • Be patient! It’s a good opportunity to buy the dip
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  • Thanks for the insights
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  • PorterLamb
    ·03-24
    Great analysis
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