In today’s fast-paced stock market, understanding the subtle cues of technical analysis is key to smart investing.
In this article, we’re spotlighting ComfortDelGro Corp Ltd (SGX: C52), DFI Retail Group Holdings Ltd (SGX: D01), China Aviation Oil Singapore Corp Ltd (SGX: G92), and Seatrium Ltd (SGX: S51), whose price action suggests bullishness.
Below are some key highlights from the technical report:
ComfortDelGro Corp Ltd
- Market Position: ComfortDelGro is designated as a ‘Technical Buy’ at the last price of S$1.42.
- Entry Prices and Support Levels: Suggested entry prices are S$1.42, S$1.35 and S$1.30, with key supports at S$1.36 and S$1.30.
- Stop Loss and Resistance Levels: A stop loss is advised at S$1.28, with resistance points at S$1.49 and S$1.50.
- Target Prices: The analysis sets target prices at S$1.48, S$1.52, S$1.55, and S$1.57.
- Company Overview: ComfortDelGro offers bus, taxi, rail, car rental and leasing, automotive engineering services, inspection and testing services, driving center, insurance broking services, and outdoor advertising.
For a more detailed analysis, click on the link to access the report.
DFI Retail Group Holdings Ltd
- Market Position: DFI Retail is designated as a ‘Technical Buy’ at the last price of US$2.20.
- Entry Prices and Support Levels: Suggested entry prices are US$2.20, US$2.15 and US$2.02, with key supports at US$2.13 and US$1.96.
- Stop Loss and Resistance Levels: A stop loss is advised at US$1.92, with resistance points at US$2.35 and US$2.67.
- Target Prices: The analysis sets target prices at US$2.42, US$2.55, US$2.80, and US$3.00.
- Company Overview: DFI Retail focuses on retail stores such as supermarkets, drugstores, and convenience stores.
For a more detailed analysis, click on the link to access the report.
China Aviation Oil Singapore Corp Ltd
- Market Position: China Aviation Oil is designated as a ‘Technical Buy’ at the last price of S$0.93.
- Entry Prices and Support Levels: Suggested entry prices are S$0.93, S$0.90 and S$0.88, with key supports at S$0.835 and S$0.73.
- Stop Loss and Resistance Levels: A stop loss is advised at S$0.82, with resistance points at S$0.95 and S$1.02.
- Target Prices: The analysis sets target prices at S$1.00, S$1.04, S$1.10, and S$1.15.
- Company Overview: China Aviation Oil supplies jet fuel to foreign and domestic airlines flying through China’s airports.
For a more detailed analysis, click on the link to access the report.
Seatrium Ltd
- Market Position: Seatrium is designated as a ‘Technical Buy’ at the last price of S$0.087.
- Entry Prices and Support Levels: Suggested entry prices are S$0.087, S$0.073 and S$0.069, with key supports at S$0.073 and S$0.069.
- Stop Loss and Resistance Levels: A stop loss is advised at S$0.065, with resistance points at S$0.101 and S$0.135.
- Target Prices: The analysis sets target prices at S$0.101, S$0.110, S$0.120, and S$0.131.
- Company Overview: Seatrium offers engineering solutions for the offshore, marine, and energy industries.
For a more detailed analysis, click on the link to access the report.
Take advantage of the stock momentum
Our goal is simple: to provide you with clear, actionable insights from the complex world of stock charts and trends. Whether you’re a seasoned investor or just starting out, our analysis is designed to help you navigate the market with confidence.
Please refer to the attached report for the disclaimer.
