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 SATS Ltd (SGX:S58) and Singapore Post Ltd (SGX:S08), both classified with ‘technical buy’ due to bullish price action. Meanwhile, AEM Holdings Ltd (SGX:AWX) has been designated a ‘technical sell’ following bearish price action.
Below are some key highlights from the technical reports:
SATS Ltd
- Market Position: SATS is designated as a ‘Technical Buy’ after price action shows rebounding at the bottom of the range.
- Entry Prices and Support Levels: Recommended entry points are at S$2.57, S$2.44, and S$2.36, with support levels established at S$2.45 and S$2.35.
- Stop Loss and Resistance Levels: To safeguard investments, a stop loss has been advised at S$2.29. The resistance levels identified at S$2.64 and S$2.90.
- Target Prices: Target prices are set at S$2.70, S$2.83, S$2.96, and S$3.08.
- Company Overview: SATS specializes in airfreight, ramp and baggage handling, passenger services, aviation security services, aircraft cleaning, and cruise centre management. It also provides airline catering, institutional catering, aviation laundry, and food distribution and logistics.
For a more detailed analysis, click on the link to access the report.
Singapore Post Ltd
- Market Position: Singapore Post is designated as a ‘Technical Buy’ after price action shows an uptrend in an early stage.
- Entry Prices and Support Levels: Recommended entry points are at S$0.45, S$0.41, and S$0.39, with support levels established at S$0.43 and S$0.39.
- Stop Loss and Resistance Levels: To safeguard investments, a stop loss has been advised at S$0.37. The resistance levels identified at S$0.48 and S$0.55.
- Target Prices: Target prices are set at S$0.48, S$0.50, S$0.54, and S$0.59.
- Company Overview: Singapore Post is the national postal service provider in Singapore. The company provides domestic and international postal and courier services and also offers end-to-end e-commerce logistics solutions.
For a more detailed analysis, click on the link to access the report.
AEM Holdings Ltd
- Market Position: AEM Holdings is designated as a ‘Technical Sell’ after price action displays a weak rebound signal, indicating further downside.
- Entry Prices and Support Levels: Recommended entry points are at S$2.32, S$2.50, and S$2.56, with support levels established at S$2.26 and S$2.08.
- Stop Loss and Resistance Levels: To safeguard investments, a stop loss has been advised at S$2.70. The resistance levels identified at S$2.69 and S$3.00.
- Target Prices: Target prices are set at S$2.02, S$1.96, S$1.90, and S$1.87.
- Company Overview: AEM Holdings designs, develops, and manufactures precision engineering products for electronics, life sciences, instruments, and aerospace industries.
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.
