In today’s fast-paced stock market, understanding the subtle cues of technical analysis is key to smart investing.
In this article, we’re highlighting Ley Choon Group Holdings Ltd (SGX: Q0X), where the price movement indicates a potential upward trend, Nippecraft Ltd (SGX: N32), hinting at a possible bullish reversal, and Rex International Holding Ltd (SGX: 5WH), showing signs of nearing a potential bottom.
Below are some key highlights from the technical report:
Ley Choon Group Holdings Ltd
- Market Position: Ley Choon is designated as a ‘Technical Buy’ at the last price of S$0.045.
- Entry Prices and Support Levels: Suggested entry prices are S$0.045, S$0.040 and S$0.038, with key supports at S$0.043 and S$0.036.
- Stop Loss and Resistance Levels: A stop loss is advised at S$0.034, with resistance points at S$0.055 and S$0.060.
- Target Prices: The analysis sets target prices at S$0.055, S$0.060, S$0.065, and S$0.070.
- Company Overview: Ley Choon provides underground utilities infrastructure construction and maintenance, sewer pipeline rehabilitation, road and airfield construction and maintenance as well as asphalt pre-mix production and construction waste recycling.
For a more detailed analysis, click on the link to access the report.
Nippecraft Ltd
- Market Position: Nippecraft is designated as a ‘Technical Buy’ at the last price of S$0.054.
- Entry Prices and Support Levels: Suggested entry prices are S$0.054, S$0.050 and S$0.045, with key supports at S$0.048 and S$0.042.
- Stop Loss and Resistance Levels: A stop loss is advised at S$0.040, with resistance points at S$0.058 and S$0.075.
- Target Prices: The analysis sets target prices at S$0.065, S$0.070, S$0.075, and S$0.080.
- Company Overview: Nippecraft designs, manufactures, and distributes paper-based diaries, organizers, stationery, and related products.
For a more detailed analysis, click on the link to access the report.
Rex International Holding Ltd
- Market Position: Rex International is designated as a ‘Technical Buy’ at the last price of S$0.144.
- Entry Prices and Support Levels: Suggested entry prices are S$0.144, S$0.135 and S$0.125, with key supports at S$0.136 and S$0.120.
- Stop Loss and Resistance Levels: A stop loss is advised at S$0.115, with resistance points at S$0.149 and S$0.191.
- Target Prices: The analysis sets target prices at S$0.165, S$0.180, S$0.200, and S$0.220.
- Company Overview: Rex International is a production and exploration oil company with concessions in Norway and Oman.
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.
