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【 Singapore Stock Market 】 Strong Momentum: Frencken Group

Frencken Group is showing a strong positive bullish uptrend。

In this article, we will focus on Frencken Group Ltd (SGX: E28), which is showing a strong positive bullish uptrend。Here are some key points from the technical report:

Frencken Group designs, develops and produces complex and advanced modules and systems based on precision machinery, hardware and software.。

  • Market positioning:The final offer is 1 per share..$68 Technical Buy。
  • Entry price and support level: 1.S $67, 1.S $52 and 1.S $42 with support level of 1.S $53 and 1.S $44。
  • Stop Loss Price: 1.S $36, resistance level 1.S $74 and 2.00 SGD。
  • Target price: 1.S $80, 1.S $88, 1.S $92 and 2.05 SGD。

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