Stock with Momentum: AEM Holdings

February 29, 2024

In today’s fast-paced stock market, understanding the subtle cues of technical analysis is key to smart investing.

In this article, we focus on AEM Holdings Ltd (SGX:AWX), whose price action indicates a bearish trend to continue.

Below are some key highlights of the technical report.

  • Market Position: AEM Holdings is designated as a ‘Technical Sell’ at the last price at S$2.65.
  • Entry Prices and Support Levels: Suggested entry prices are S$2.65, S$2.76 and S$2.80, with key supports at S$2.45 and S$2.30.
  • Stop Loss and Resistance Levels: A stop loss is advised at S$2.90, with resistance points at S$2.70 and S$3.13.
  • Target Prices: The analysis sets target prices at S$2.42, S$2.26, and S$2.10.
  • Company Overview: AEM Holdings designs, develops, and manufactures precision engineering products for electronics, life sciences, instruments, and aerospace 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.

Disclaimer in the report attached.