【 Singapore Stock Market 】 Strong Momentum: City Development Corporation and NIO
In this article, we will focus on Singapore Urban Development Co., Ltd. (SGX: C09) and NIO Motor Co., Ltd. (SGX: NIO), both of which exhibit positive technical indicators and can be technically bought。
In this article, we will focus on Singapore Urban Development Company Limited (SGX: C09) and NIO Motor Company Limited (SGX: NIO)。
They all exhibit positive technical indicators for technical buying。Here are some key highlights of the technical report:
City Developments Ltd
Singapore City Development Limited provides real estate services, including the rental, purchase and sale of properties to Singapore customers.。
- Market positioning: the latest price is 6.09 SGD, technically recommended to buy。
- Entry price: 6.09 SGD, 5.S $94, 5.S $86, support at 6.09 SGD and 5.S $95。
- Stop loss level: 5.S $78, resistance at 6.S $31 and 6.S $79。
- Target price: 6.S $40, 6.S $61, 6.S $85, 7.04 SGD。
Nio Automotive (Nio Inc)
NIO produces and sells cars and provides electric vehicles and battery charging services to customers around the world.。
- Market positioning: the latest price is 6.S $27, technically recommended to buy。
- Entry price: 6.S $27, 5.S $70, 5.S $24, support at 5.S $43 and 5.00 SGD。
- Stop loss level: 4.S $80, resistance at 7.S $15 and 9.S $49。
- Target price: 7.S $40, 8.S $61, 9.S $51, 10.26 SGD。
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