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Stocks with Momentum: Jaffa and Ley-Choon Group

In this article, we will focus on two stocks, Japfa Ltd and Ley Choon Group Holdings Ltd, whose stock price trends show positive continuity.

In this article, we will focus on two stocks, Japfa Ltd and Ley Choon Group Holdings Ltd, whose stock price trends show positive continuity. The following are the key highlights of the technical analysis reports of the two companies:

Japfa Ltd

Market positioning: Japfa has been rated as a 'technology buy' as it breaks through a bull market flag pattern and is accompanied by strong trading volume.

Market entry prices and support levels: The recommended entry points are SGD 0.325, SGD 0.300, and SGD 0.280, with support levels set at SGD 0.300 and SGD 0.245.

Stop loss and resistance level: To ensure investment safety, it is recommended to set the stop loss level at SGD 0.260. The confirmed resistance levels are SGD 0.350 and SGD 0.400.

Target Price: The target prices are set at SGD 0.370, SGD 0.390, SGD 0.400, and SGD 0.410.

Company Profile: Japfa specializes in the agricultural industry, involving the breeding and processing of poultry, pork, and beef, as well as managing dairy farms.

Ley Choon Group Holdings Ltd

Market positioning: Ley Choon has performed well in the past year and the trend in the past three months is still positive in the short term, therefore it has been rated as a 'technology buy'.

Market entry prices and support levels: The recommended entry points are SGD 0.057, SGD 0.050, and SGD 0.047, with support levels set at SGD 0.055 and SGD 0.043.

Stop loss and resistance level: To ensure investment safety, it is recommended to set the stop loss level at SGD 0.040. The confirmed resistance levels are SGD 0.065 and SGD 0.080.

Target Price: The target prices are set at SGD 0.065, SGD 0.070, SGD 0.080, and SGD 0.090.

Company Profile: Ley Choon is a one-stop service provider that provides underground public infrastructure.

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