Daeubner: S&T Systems is a bottom-pick

An old stock market saying postulates to never catch a falling knife, but you also ought to buy low and buy high. If you want to follow both of these rules you need to be a bottom-picker - and buy low valued stocks once the bottom seems to have been clearly defined, rather than buying a stock while its free falling. S&T Systems is such a bottom pick. Despite the stock having fallen drastically in value, technical analysts may spot a bottom forming formation. Remember that this is a weekly chart and this bottom picking play should remain in your portfolio for some time to come, if you hope for a turnaround of the stock. The possible gain potential is incredible, but also carries some inherent risks. Still, the recent upgap might have triggered a new uptrend for S&T Systems.