Broker Name: Lim & Tan Securities
Date of Report: 03 November 2025
Excerpt from Lim & Tan Securities report.
Report Summary
- Lim & Tan Securities forecasts a bullish price direction for Yangzijiang Shipbuilding SGD in the short term, recommending a BUY based on technical analysis.
- The stock has shown positive momentum with an 8% rally, supported by bullish MACD crossover and an RSI of 62, indicating further upside potential before reaching overbought levels.
- Near-term resistance is at S\$3.70, with support at S\$3.46; medium-term outlook is sideways, and the long-term outlook remains bullish.
- The report is for general information and does not constitute investment advice; investors should consult independent advisers before making decisions.
Above is an excerpt from a report by Lim & Tan Securities. Clients of Lim & Tan Securities can be the first to access the full report from the Lim & Tan Securities website : www.limtan.com.sg
