In today’s fast-paced stock market, understanding the subtle cues of technical analysis is crucial for smart investing.
In this article, we delve into the analysis of two Singapore-listed companies: Aztech Global Ltd (SGX: 8AZ) and Venture Corporation Ltd (SGX: V03).
Below are some key highlights from the technical reports:
Aztech Global Ltd
Market Position: Aztech Global is considered a ‘Technical Buy’ after showing strong bullish price structure.
Entry Prices and Support Levels: Recommended entry points are at S$1.02, S$0.98, and S$0.89, with established support levels at S$0.99 and S$0.875.
Stop Loss and Resistance Levels: To safeguard investments, a stop loss is advised at S$0.87. Resistance levels identified are at S$1.07 and S$1.16.
Target Prices: Set at S$1.12, S$1.20, S$1.25 and S$1.30.
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 Ltd
Market Position: Venture Corp is designated as a ‘Technical Buy’ after displaying strong possible continuation to the upside following months of consolidation.
Entry Prices and Support Levels: Recommended entry points are at S$14.69, S$14.00, and S$13.27, with support levels established at S$13.27 and S$12.44.
Stop Loss and Resistance Levels: A stop loss is advised at S$12.87. Resistance levels are at S$15.00 and S$16.40.
Target Prices: Set at S$15.10, S$16.20, S$17.25, and S$18.00.
Company Overview: Venture Corp provides contract manufacturing services to electronics companies worldwide.
For a more detailed analysis, click on the link to access the report.
Take advantage of the stock 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.
