In today’s fast-paced stock market, understanding the subtle cues of technical analysis is crucial for smart investing.
In this article, we highlight Aztech Global Ltd (SGX: 8AZ) and Venture Corporation Ltd (SGX: V03), as their price actions show bullishness.
Key highlights from the technical report:
Aztech Global
Market Position: We have a ‘technical buy’ position on Aztech Global, as the stock has had a bullish breakout from the bottom range, indicating signs of a reversal to the upside.
Entry Prices and Support Levels: Recommended entry points are S$0.745, S$0.700, and S$0.685, with established support levels at S$0.725 and S$0.670.
Stop Loss and Resistance Levels: To safeguard investments, a stop loss is advised at S$0.645. The identified resistance levels are S$0.905 and S$1.00.
Target Prices: Set at S$0.820, S$0.900, S$1.00, and S$1.10.
Company Overview: Aztech Global provides design and manufacturing services. The company offers IoT devices, data communication, and LED lighting products.
For a more detailed analysis, click on the link to access the report.
Venture Corporation
Market Position: Venture Corporation has been staging a rebound since its significant sell-off in early August 2024, is now showing a potential mean reversion to the upside, making it a ‘technical buy’.
Entry Prices and Support Levels: Recommended entry points are at S$12.95, S$12.60, and S$12.35, with established support levels at S$12.37 and S$12.00.
Stop Loss and Resistance Levels: To safeguard investments, a stop loss is advised at S$11.95. The identified resistance levels are S$13.25 and S$14.43.
Target Prices: Set at S$13.80, S$14.50, S$15.00, and S$17.10.
Company Overview: Venture Corp provides manufacturing, design, engineering, customization, and logistic services. The company trades and manufactures electronics and computer-related products, as well as develops and markets color imaging products for label printing.
For a more detailed analysis, click on the link to access the report.
Take advantage of the stock’s momentum.
Our goal is to provide you with clear, actionable insights from the complex world of stock charts and trends. Whether you’re an experienced investor or new to the market, our analysis is tailored to help you navigate the market with confidence.
Please refer to the attached report for the disclaimer.
