This article will focus on Samudera Shipping Line Ltd ("Samudera"), whose recent share price movements have shown positive signs of a continuation of the bull market.Here are the highlights of the technical report:

Samudera Shipping Line Ltd

• Market positioning: Based on the latest price of SGD 0.875, Samudera has been designated as a "technology buy".
• Admission prices and support levels: The recommended admission prices are SGD 0.875, SGD 0.800, and SGD 0.740, with key support levels of SGD 0.790 and SGD 0.680.
• Stop loss and resistance level: It is recommended to set the stop loss at SGD 0.690, with resistance levels of SGD 0.945 and SGD 1.10, respectively.
• Target Price: The target prices set for analysis are SGD 1.04, SGD 1.10, SGD 1.18, and SGD 1.25.

Company Profile: Samudera owns and operates ocean going vessels and provides container feed shipping services.