Stocks with Momentum: SATS, Beng Kuang Marine and COSCO SHIPPING
This article will focus on analyzing three companies listed on the Singapore Stock Exchange: SATS Ltd, Beng Kuang Marine Ltd, and COSCO SHIPPING International (Singapore) Co Ltd.
This article will focus on analyzing three companies listed on the Singapore Stock Exchange: SATS Ltd, Beng Kuang Marine Ltd, and COSCO SHIPPING International (Singapore) Co Ltd. Here are some key highlights from the technical report:
SATS Ltd
Market positioning: SATS has been rated as a "technology buy", indicating preliminary signs of bullish reversal.
Admission prices and support levels: It is recommended to set entry points at SGD 2.63, SGD 2.53, and SGD 2.44, with support levels set at SGD 2.60 and SGD 2.45.
Stop loss and resistance level: To protect investment, it is recommended to set the stop loss level at SGD 2.39, with resistance levels of SGD 2.72 and SGD 3.02.
Target price: The target prices are set at SGD 2.83, SGD 2.96, SGD 3.11, and SGD 3.28.
Company Overview: SATS focuses on air cargo, ground handling and luggage handling, passenger services, aviation safety services, aircraft cleaning, and cruise center management.
Beng Kuang Marine Ltd
Market positioning: Beng Kuang Marine has been rated as a "technology buy", indicating that a correction correction correction may end.
Admission prices and support levels: It is recommended to set entry points at SGD 0.183, SGD 0.156, and SGD 0.136, with support levels set at SGD 0.156 and SGD 0.125.
Stop loss and resistance levels: To protect investment, it is recommended to set the stop loss level at SGD 0.123, with resistance levels of SGD 0.176 and SGD 0.200.
Target price: The target prices are set at SGD 0.175, SGD 0.180, SGD 0.190, and SGD 0.200.
Company Overview: Beng Kuang Marine provides anti-corrosion and infrastructure engineering services.
COSCO SHIPPING International (Singapore) Co Ltd
Market positioning: COSCO SHIPPING has been rated as a "technology buy", indicating a bullish breakthrough signal.
Admission prices and support levels: It is recommended to set entry points at SGD 0.158, SGD 0.145, and SGD 0.135, with support levels set at SGD 0.151 and SGD 0.135.
Stop loss and resistance levels: To protect investment, it is recommended to set the stop loss level at SGD 0.129, with resistance levels of SGD 0.176 and SGD 0.200.
Target Price: The target prices are set at SGD 0.205, SGD 0.230, SGD 0.250, and SGD 0.270.
Company Overview: COSCO SHIPPING's business includes logistics, dry bulk shipping, ship maintenance and marine engineering, as well as property management.
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