In today’s fast-paced stock market, understanding the subtle cues of technical analysis is crucial for smart investing.
In this article, we examine AEM Holdings Ltd (SGX: AWX), Aspen Group Holdings Ltd (SGX:1F3), and Singapore Exchange Ltd (SGX: S68), all of which are indicating bullish signals.
Key highlights from the technical report:
AEM Holdings Ltd
Market Position: AEM Holdings is designated as a ‘technical buy’ as the stock may see a short-term rebound.
Entry Prices and Support Levels: Recommended entry points are at S$1.39 and S$1.25, with established support levels at S$1.25 and S$1.15.
Stop Loss and Resistance Levels: To safeguard investments, a stop loss is advised at S$1.13. Identified resistance levels are at S$1.50 and S$2.12.
Target Prices: Set at S$1.70, S$1.87, S$1.95, and S$2.11.
Company Overview: AEM Holdings, through its subsidiaries, provides semiconductor, instrumentation, and electronics test cell solutions for the electronics industry.
For a more detailed analysis, click on the link to access the report.
Aspen Group Holdings Ltd
Market Position: Aspen Group is designated as a ‘technical buy’ as the stock has indicated a strong upside potential.
Entry Prices and Support Levels: Recommended entry points are at S$0.051, S$0.040, and S$0.032, with established support levels at S$0.047 and S$0.035.
Stop Loss and Resistance Levels: To safeguard investments, a stop loss is advised at S$0.029. Identified resistance levels are at S$0.060 and S$0.090.
Target Prices: Set at S$0.070, S$0.080, S$0.090, and S$0.110.
Company Overview: Aspen Group, through its subsidiaries, offers real estate services. Aspen Group owns and develops single-family homes, residential complexes, shopping centers, resorts, fitness centers, and financial centers.
For a more detailed analysis, click on the link to access the report.
Singapore Exchange Ltd
Market Position: SGX is designated as a ‘technical buy’ as the price action shows it is poised to break above the weak resistance.
Entry Prices and Support Levels: Recommended entry points are at S11.58, S$11.00, and S$10.62, with established support levels at S$10.77 and S$9.90.
Stop Loss and Resistance Levels: To safeguard investments, a stop loss is advised at S$10.29. Identified resistance levels are at S$11.69 and S$12.17.
Target Prices: Set at S$12.37, S$14.08, S$15.90, and S$17.11.
Company Overview: Singapore Exchange owns and operates Singapore’s securities and derivatives exchange and their related clearing houses. The company also provides ancillary securities processing and information technology services to participants in the financial sector.
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.
