In this article, we focus on the City Developments Limited Hospitality Trusts (CDL Hospitality Trusts, SGX: J85), which appears to have shaken off its downward trend and is poised for a bullish recovery. Additionally, we also take note of Nanofilm Technologies International Limited (Nanofilm Technologies International Ltd, SGX: MZH), as its stock price movement shows signs of easing selling pressure and early signs of an upward trend. Here are some key highlights from the technical analysis report:

CDL Hospitality Trusts

CDL Hospitality Trusts is a fixed fund group consisting of City Developments Limited Hospitality Real Estate Investment Trust (H-REIT) and City Developments Limited Hospitality Business Trust (HBT), investing in hotel and/or hotel-related income-generating real estate assets in the Asia-Pacific region.

• Market positioning: "Technical Buy".
• Entry price and support levels: SGD 0.99, SGD 0.95, SGD 0.93, with support levels at SGD 0.955, SGD 0.935.
• Stop loss and resistance levels: SGD 0.92, with resistance levels at SGD 1.02, SGD 1.13.
• Target prices: SGD 1.04, SGD 1.12, SGD 1.20, SGD 1.28.

Nanofilm Technologies International Ltd

Nanofilm Technologies International provides nanotechnology solutions, focusing on advanced materials and nanoproducts.

• Market positioning: "Technical Buy".
• Entry price and support levels: SGD 0.695, SGD 0.660, SGD 0.620, with support levels at SGD 0.670, SGD 0.600.
• Stop loss and resistance levels: SGD 0.580, with resistance levels at SGD 0.790, SGD 0.950.
• Target prices: SGD 0.760, SGD 0.800, SGD 0.820, SGD 0.930.