Stock with Momentum: Centurion Corporation

March 6, 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 Centurion Corporation Ltd (SGX:OU8), whose positive price action suggests that the stock is poised for another round of strong upside.

Below are some key highlights from the technical report:

  • Market Position: Centurion Corporation is designated as a ‘Technical Buy’ at the last price of S$0.43.
  • Entry Prices and Support Levels: Suggested entry prices are S$0.43, S$0.41 and S$0.39, with key supports at S$0.415 and S$0.375.
  • Stop Loss and Resistance Levels: A stop loss is advised at S$0.390, with resistance points at S$0.46 and S$0.50.
  • Target Prices: The analysis sets target prices at S$0.47, S$0.49, S$0.51, and S$0.52.
  • Company Overview: Centurion Corporation owns, develops, and manages quality and purpose-built workers accommodation assets.

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.