Stocks with Momentum: SATS, Singapore Post and AEM Holdings
SATS Ltd and Singapore Post Ltd are classified as "technology buyers" due to their bullish price behavior. AEM Holdings Ltd has been designated as a "technical sell" due to its bearish price behavior.
In this article, we will focus on three Singaporean companies and provide technical analysis about them.
Firstly, SATS Ltd and Singapore Post Ltd are classified as "technology buyers" due to their bullish price behavior. Secondly, AEM Holdings Ltd has been designated as a "technical sell" due to its bearish price behavior.
Here are some key highlights from the technical analysis report:
SATS Ltd
Market positioning: SATS is designated as a "technology buy" as price actions indicate a rebound at the bottom of the range.
Admission prices and support levels: The recommended entry points are SGD 2.57, SGD 2.44, and SGD 2.36, with support levels set at SGD 2.45 and SGD 2.35.
Stop loss and resistance levels: To protect investments, it is recommended to set a stop loss level of SGD 2.29. The resistance levels are set at SGD 2.64 and SGD 2.90.
Target Price: The target prices are set at SGD 2.70, SGD 2.83, SGD 2.96, and SGD 3.08.
Company Profile: SATS focuses on air cargo, ground services, luggage handling, passenger services, aviation safety services, aircraft cleaning, and cruise center management. It also provides aviation catering, institutional catering, aviation laundry, and food distribution and logistics services.
Singapore Post Ltd
Market positioning: Singapore Post has been designated as a "technology buy" as price actions show an early upward trend.
Admission prices and support levels: The recommended entry points are SGD 0.45, SGD 0.41, and SGD 0.39, with support levels set at SGD 0.43 and SGD 0.39.
Stop loss and resistance levels: To protect investments, it is recommended to set a stop loss level of SGD 0.37. The resistance levels are set at 0.48 SGD and 0.55 SGD.
Target Price: The target prices are set at SGD 0.48, SGD 0.50, SGD 0.54, and SGD 0.59.
Company Profile: Singapore Post is the national postal service provider in Singapore, providing domestic and international postal express services and end-to-end e-commerce logistics solutions.
AEM Holdings Ltd
Market positioning: AEM Holdings has been designated as a "technical sell" as price actions show weak rebound signals, indicating further decline.
Admission prices and support levels: The recommended entry points are SGD 2.32, SGD 2.50, and SGD 2.56, with support levels set at SGD 2.26 and SGD 2.08.
Stop loss and resistance levels: To protect investments, it is recommended to set a stop loss level of SGD 2.70. The resistance levels are set at SGD 2.69 and SGD 3.00.
Target Price: The target prices are set at SGD 2.02, SGD 1.96, SGD 1.90, and SGD 1.87.
Company Profile: AEM Holdings designs, develops, and manufactures precision engineering products for the electronics, life sciences, instrumentation, and aerospace industries.
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