Stocks with Momentum: Keppel and CSE Global

July 11, 2024

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

In this article, we delve into the analysis of two Singapore-listed companies: Keppel Ltd (SGX: BN4) and CSE Global Ltd (SGX: 544).

Below are some key highlights from the technical reports:

Keppel Ltd

Market Position: Keppel is considered a ‘Technical Buy’ after showing potential short to mid-term upside rebound.

Entry Prices and Support Levels: Recommended entry points are at S$6.67, S$6.50, and S$6.32, with established support levels at S$6.52 and S$6.30.

Stop Loss and Resistance Levels: To safeguard investments, a stop loss is advised at S$6.13. Resistance levels identified are at S$7.05 and S$7.45.

Target Prices: Set at S$7.04, S$7.43, S$7.62 and S$8.00.

Company Overview: Keppel’s core businesses include offshore and marine, infrastructure, property investment and development, telecommunications, transportation, energy, and engineering.

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

CSE Global Ltd

Market Position: CSE Global is designated as a ‘Technical Buy’ after breaking out of the consolidative range.

Entry Prices and Support Levels: Recommended entry points are at S$0.43, S$0.41, and S$0.40, with support levels established at S$0.415 and S$0.385.

Stop Loss and Resistance Levels: A stop loss is advised at S$0.380. Resistance levels are at S$0.445 and S$0.495.

Target Prices: Set at S$0.48, S$0.51, S$0.52, and S$0.54.

Company Overview: CSE Global provides systems integration, information technology solutions, computer network systems, and industrial automation.

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

Take advantage of the stock momentum.

Our goal is 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.