In today’s fast-paced financial markets, understanding the subtle cues of technical analysis is crucial for smart investing.
In this article, we recommend ‘technical buy’ calls for Frasers Logistics & Commercial Trust (FLCT) (SGX: BUOU), Mapletree Logistics Trust (MLT) (SGX: M44U), DFI Retail Group Holdings Ltd (SGX: D01), Capitaland Ascendas REIT (CLAR) (SGX: A17U), and CSOP iEdge SREIT ETF S$ (SGX: SRT).
Key highlights from the technical reports:
FLCT
Market Position: FLCT’s price action shows strong signs of a bullish rebound at the bottom and indicates a potential return to the uptrend over the longer term.
Entry Prices and Support Levels: Recommended entry points are at S$0.885, S$0.850, and S$0.825, with established support levels at S$0.850 and S$0.810.
Stop Loss and Resistance Levels: To safeguard investments, a stop loss is advised at S$0.805. The identified resistance levels are at S$0.900 and S$1.02.
Target Prices: Set at S$0.960, S$1.00, S$1.06, and S$1.20.
Company Overview: FLCT is a Singapore REIT focused on investing in income-producing real estate assets, primarily for logistics, industrial, or commercial use, across five major markets: Australia, Germany, Singapore, the UK, and the Netherlands.
For a more detailed analysis, click on the link to access the report.
MLT
Market Position: Despite a major correction, MLT has experienced strong bullish action and is likely to see a strong recovery.
Entry Prices and Support Levels: Recommended entry points are at S$1.29, S$1.22, and S$1.20, with established support levels at S$1.22 and S$1.20.
Stop Loss and Resistance Levels: To safeguard investments, a stop loss is advised at S$1.15. Identified resistance levels are at S$1.30 and S$1.47.
Target Prices: Set at S$1.41, S$1.53, S$1.75, and S$1.80.
Company Overview: MLT is an Asia-focused logistics REIT that invests in income-producing logistics real estate across Singapore, Japan, Hong Kong, South Korea, China, Australia, Malaysia, and Vietnam.
For a more detailed analysis, click on the link to access the report.
DFI Retail
Market Position: DFI Retail’s price action maintained its bullish outlook after a strong bullish signal indicated the end of the corrective structure.
Entry Prices and Support Levels: Recommended entry points are at US$2.28, US$2.19, and US$2.10, with established support levels at US$2.15 and US$1.94.
Stop Loss and Resistance Levels: To safeguard investments, a stop loss is advised at US$1.98. Identified resistance levels are at US$2.38 and US$2.68.
Target Prices: Set at US$2.68, US$2.75, U$3.08, and US$3.30.
Company Overview: DFI Retail focuses on retail stores, including supermarkets, drugstores, and convenience stores.
For a more detailed analysis, click on the link to access the report.
CLAR
Market Position: CLAR has formed a series of lower highs within the consolidated range, and the resistance at S$2.70 has been tested multiple times, indicating a strong potential for a breakout to the upside.
Entry Prices and Support Levels: Recommended entry points are at S$2.59, S$2.52, and S$2.45, with established support levels at S$2.55 and S$2.44.
Stop Loss and Resistance Levels: To safeguard investments, a stop loss is advised at S$2.39. Identified resistance levels are at S$2.70 and S$2.95.
Target Prices: Set at S$2.80, S$2.95, S$3.05, and S$3.16.
Company Overview: CLAR is an industrial REIT that invests in business and science park properties, integrated development and retail properties, high-specification industrial properties and data centers, light industrial and flatted factories, as well as logistics and distribution centers.
For a more detailed analysis, click on the link to access the report.
CSOP iEdge SREIT ETF S$
Market Position: The price action of the iEdge SREIT ETF S$ shows strong signs of a bullish rebound and indicates a potential return to the uptrend.
Entry Prices and Support Levels: Recommended entry points are at S$0.719, S$0.708, and S$0.690, with established support levels at S$0.700 and S$0.690.
Stop Loss and Resistance Levels: To safeguard investments, a stop loss is advised at S$0.680. Identified resistance levels are at S$0.730 and S$0.800.
Target Prices: Set at S$0.760, S$0.800, S$0.850, and S$0.910.
Company Overview: The CSOP iEdge S-REIT Leaders Index ETF adopts a replication strategy to closely replicate, before fees and expenses, the performance of the iEdge S-REIT Leaders Index.
For a more detailed analysis, click on the link to access the report.
Take advantage of the stock’s 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.
