Wednesday, June 18th, 2025

Mapletree Logistics Trust

Mapletree Logistics Trust (SGX: M44U): Bullish Bottom Reversal Confirmed

Recommendation: Technical Buy

  • Entry Prices: S$1.40, S$1.31, S$1.24
  • Stop Loss: S$1.19
  • Target Prices: S$1.50, S$1.68, S$1.73, S$1.78
  • Date of Recommendation: September 9, 2024
  • Broker Company: CGS-CIMB Securities

Investment Thesis:

Mapletree Logistics Trust (MLT), an Asia-focused logistics REIT, has confirmed a bullish bottom reversal signal. This reversal pattern, paired with several technical indicators, suggests that the stock is likely to see upward movement in the near term.

Key factors driving the bullish outlook include:

  1. Inverted Head and Shoulders Formation: The stock has confirmed an inverted head and shoulders pattern, breaking above the neckline resistance turned support at S$1.35. This is a strong bullish signal that the stock could continue rising.
  2. Positive MACD Histogram: The MACD and its signal line are both rising above the zero line, indicating a potential upward momentum.
  3. Rising Stochastic Oscillator: The oscillator is above the 50-level, further supporting the bullish momentum.
  4. Volume Expansion: The stock has shown healthy expansion in volume, reinforcing the bullish strength.

Company Overview:

Mapletree Logistics Trust focuses on investing in income-producing logistics properties across Asia. Its portfolio includes assets in Singapore, Japan, Hong Kong, South Korea, China, Australia, Malaysia, and Vietnam.

Valuation and Catalysts:

  • Support Levels: S$1.35, S$1.22
  • Resistance Levels: S$1.54, S$1.68
  • Target Prices: The stock has multiple target prices, with the first at S$1.50, followed by S$1.68, S$1.73, and finally S$1.78.

Given the technical indicators and the confirmed reversal pattern, investors are recommended to consider buying Mapletree Logistics Trust with a stop loss set at S$1.19 to manage risk.

Thank you

OCBC: Strengthening Financial Services with Strategic Innovation and Customer-Centric Solutions

Date: October 2, 2024Broker: UOB Kay Hian Company Overview Oversea-Chinese Banking Corporation Limited (OCBC) is one of Singapore’s largest and most established banks, providing a wide range of financial services across various sectors. Market...

Sky ICT: Top Tech Pick Set to Soar on Tourism and Government IT Spending Growth

Comprehensive Analysis of Sky ICT and Peer Companies in 2024 Date: December 11, 2024 Broker: Maybank Securities (Thailand) PCL Introduction In the rapidly evolving landscape of technology services, several companies have emerged as key...

CapitaLand Investment 2024 Earnings – Robust FUM Growth, Strategic Divestments & Enhanced Dividend Outlook 12

Company Overview CapitaLand Investment (CLI) is a prominent global real estate manager with significant operations across Asia. The company boasts a diversified portfolio spanning retail, office, lodging, and new economy asset classes. CLI has...