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 AnAn International Ltd (SGX: Y35) and Grand Venture Technology Ltd (SGX: JLB), both of whose price movements suggest the start of an upward trend after hitting a low point.
Below are some key highlights from the technical reports:
AnAn International Ltd
- Market Position: AnAn International is designated as a ‘Technical Buy’ at the last price of S$0.008.
- Entry Prices and Support Levels: Suggested entry prices are S$0.008, S$0.005 and S$0.003, with key supports at S$0.005 and S$0.003.
- Stop Loss and Resistance Levels: A stop loss is advised at S$0.002, with resistance points at S$0.009 and S$0.016.
- Target Prices: The analysis sets target prices at S$0.015, S$0.020, S$0.025, and S$0.030.
- Company Overview: AnAn International engages in the trading of petrochemical, fuel oil, and petroleum products.
For a more detailed analysis, click on the link to access the report.
Grand Venture Technology Ltd
- Market Position: Grand Venture Technology is designated as a ‘Technical Buy’ at the last price of S$0.53.
- Entry Prices and Support Levels: Suggested entry prices are S$0.52, S$0.50 and S$0.48, with key supports at S$0.755 and S$0.68.
- Stop Loss and Resistance Levels: A stop loss is advised at S$0.44, with resistance points at S$0.805 and S$0.89.
- Target Prices: The analysis sets target prices at S$0.59, S$0.64, S$0.68, and S$0.71.
- Company Overview: Grand Venture Technology specializes in ultra-precision machining, complex mechatronics assembly, and advanced materials capabilities.
For a more detailed analysis, click on the link to access the report.
Take advantage of the stock momentum
Our goal is straightforward: to provide you with clear, actionable insights from the complex world of stock charts and trends. Whether you’re an experienced investor or new to the market, our analysis is tailored to help you navigate the market with confidence.
Please refer to the attached report for the disclaimer.
