Stocks with Momentum: City Developments and Raffles Medical Group

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

In this article, we’re looking at two companies: City Developments Ltd (SGX: C09) and Raffles Medical Group Ltd (SGX: BSL). City Developments’ stock seems to be bouncing back from a low point, while Raffles Medical Group’s stock might be poised for an upward trend.

Here is a look at some of the key highlights of the technical report:

City Developments Ltd

• Market Position: Technical Buy at last price of S$5.98.
• Entry Prices: S$5.98, S$5.68, and S$5.62 with supports at S$5.96 and S$5.55.
• Stop Loss: S$5.48, with resistance at S$6.19 and S$6.85.
• Target Prices: S$6.26, S$6.42, S$6.85, and S$7.04.
• Overview: City Developments offers renting, buying, and selling residential, commercial, and hospitality properties as well as provides consulting services.

For more detailed analysis, click on the link to access to report.

Raffles Medical Group Ltd

• Market Position: Technical Buy at last price of S$1.05.
• Entry Prices: S$1.05, S$1.00, S$0.98 with supports at S$1.00 and S$0.95.
• Stop Loss: S$0.96, with resistance points at S$1.10 and S$1.21.
• Target Prices: S$1.16, S$1.22, S$1.26, and S$1.35.
• Overview: Raffles Medical operates medical clinics, imaging centers, and medical laboratories.

For more detailed analysis, click on the link to access to 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.

Disclaimer in the report attached.