Stock with Momentum: Ho Bee Land

April 5, 2024

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

In this article, we’re focusing on Ho Bee Land Ltd (SGX: H13), whose positive price action is looking at a potential break to the upside.

Below are some key highlights from the technical report:

Ho Bee Land Ltd

  • Market Position: Ho Bee Land is designated as a ‘Technical Buy’ at the last price of S$1.96.
  • Entry Prices and Support Levels: Suggested entry prices are S$1.96, S$1.80 and S$1.64, with key supports at S$1.85 and S$1.60.
  • Stop Loss and Resistance Levels: A stop loss is advised at S$1.58, with resistance points at S$2.20 and S$2.48.
  • Target Prices: The analysis sets target prices at S$2.20, S$2.40, S$2.80, and S$3.10.
  • Company Overview: Ho Bee Land is a real estate development and investment company that has a portfolio covering quality residential, commercial and high-tech industrial projects.

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.