In today’s fast-paced stock market, understanding the subtle cues of technical analysis is key to smart investing.
In this article, we focus on DFI Retail Group Holdings Ltd (SGX: D01) and Jardine Cycle & Carriage Ltd (SGX: C07), which might be reaching the lowest point in their stock prices and could start going up again soon.
Here is a look at some of the key highlights of the technical report.
DFI Retail Group Holdings Ltd
- Market Position: Technical Buy at last price of $2.15.
- Entry Prices: $2.15, $2.10, $1.98 with supports at $1.96 and $1.83.
- Stop Loss: $1.88, with resistance at $3.47 and $3.80.
- Target Prices: $2.42, $2.55, $2.80, $3.00.
- Overview: DFI Retail Group focuses on retail stores such as supermarkets, drugstores, and convenience stores.
For more detailed analysis, click on link to access to report.
Jardine Cycle & Carriage Ltd
- Market Position: Technical Buy at last price of $26.86.
- Entry Prices: $26.86, $25.90, $25.48 with supports at $26.09 and $25.30.
- Stop Loss: $24.83, with resistance at $27.26 and $29.71.
- Target Prices: $28.32, $29.95, $31.40, $34.00.
- Overview: Jardine Cycle & Carriage invests in automotive, consumer finance, utilities and infrastructure, heavy equipment and mining, property, agribusiness, cement, and consumer products businesses.
For more detailed analysis, click on 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.
