Broker Name: Lim & Tan Securities
Date of Report: 30 September 2025
Excerpt from Lim & Tan Securities report.
Report Summary
- Lim & Tan Securities recommends a short-term BUY on Yangzijiang Shipbuilding (SGD) based on technical analysis, citing bullish signals from recent price rebounds, rising Bollinger Bands, and a Relative Strength Index (RSI) at 65, suggesting more room for upside before overbought levels are reached.
- The stock faces near-term resistance at S\$3.44 and support at S\$3.22; in the medium term, the trend is sideways, while the long-term outlook remains bullish with resistance at S\$3.78 and support at S\$3.00.
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