To all my friends holding ST Engineering Shares: Watch out below!

Ok so I posted 2 charts on SMRT and SATs cutting below their 200 day moving average and 1 chart on SIA doing the same thing.

Now I encounter another one in ST Engineering. These are some very significant profit taking signals. What is going on?

Is it we may have extended as far as we can go and are following the China market down? Many blue chips are slowly turning or is this just a rotation?

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