In today’s fast-paced stock market, understanding the subtle cues of technical analysis is key to smart investing.
In this article, our focus is on Mapletree Pan Asia Commercial Trust (SGX: N2IU), which shows signs of a potential bullish rebound in its positive price action.
Below are some key highlights from the technical report:
Mapletree Pan Asia Commercial Trust
- Market Position: MPACT is designated as a ‘Technical Buy’ at the last price of S$1.34.
- Entry Prices and Support Levels: Suggested entry prices are S$1.34, S$1.27 and S$1.22, with key supports at S$1.27 and S$1.20.
- Stop Loss and Resistance Levels: A stop loss is advised at S$1.18, with resistance points at S$1.50 and S$1.60.
- Target Prices: The analysis sets target prices at S$1.56, S$1.64, S$1.71, and S$1.80.
- Company Overview: MPACT invests in a diversified portfolio of income-producing real estate used primarily for office and/or retail purposes.
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.
