Broker Name: Lim & Tan Securities
Date of Report: 07 April 2026
Excerpt from Lim & Tan Securities report:
Report Summary
- Stock: Yangzijiang Shipbuilding SGD
- Action: BUY (based on technical analysis)
- Target Price / Resistance: S\$4.16 (Short-term), S\$4.30 (Medium-term), S\$4.58 (Long-term)
- Current Price: S\$3.93
- Key Idea: Bullish momentum is confirmed by a positive MACD crossover and RSI at 52 (not overbought), indicating further upside potential. Near-term resistance is at S\$4.16, with downside support at S\$3.80, making it actionable for investors looking for short-term gains.
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