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 Centurion Corporation Ltd (SGX: OU8) as the stock is likely to experience another round of upside, along with Singapore Airlines Ltd (SGX: C6L), whose price action indicates a strong potential rebound.
Below are some key highlights from the technical reports:
Centurion Corp Ltd
- Market Position: Centurion Corp is designated as a ‘Technical Buy’ as the stock has confirmed an uptrend by forming a series of higher highs and lows.
- Entry Prices and Support Levels: Recommended entry points are at S$0.51, S$0.48, and S$0.46, with support levels established at S$0.505 and S$0.46.
- Stop Loss and Resistance Levels: To safeguard investments, a stop loss has been advised at S$0.43. The resistance levels identified are at S$0.555 and S$0.60.
- Target Prices: Target prices are set at S$0.56, S$0.59, S$0.63, and S$0.65.
- Company Overview: Centurion Corp provides purpose-built workers and student accommodation services.
For a more detailed analysis, click on the link to access the report.
Singapore Airlines Ltd
- Market Position: Singapore Airlines is designated as a ‘Technical Buy’ as its technical indicators showed the return of the bullish upside.
- Entry Prices and Support Levels: Recommended entry points are at S$6.75, S$6.41, and S$6.29, with support levels established at S$6.57 and S$6.31.
- Stop Loss and Resistance Levels: To safeguard investments, a stop loss has been advised at S$6.15. The resistance levels identified are at S$6.90 and S$7.44.
- Target Prices: Target prices are set at S$6.98, S$7.12, S$7.35, and S$7.54.
- Company Overview: Singapore Airlines provides air transportation, engineering, pilot training, air charter, and tour wholesaling services.
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.
