Broker: Lim & Tan Securities
Date of Report: 20 July 2026
Excerpt from Lim & Tan Securities report
Report Summary
- Stock Focus: Yangzijiang Shipbuilding (SGD)
- Action: BUY (based on technical analysis)
- Short-Term View: Bullish, with price expected to trend higher over the next 1-2 weeks.
- Target/Resistance Price (Short-Term): S\$3.81
- Support Level (Short-Term): S\$3.49
- Key Technical Signals:
- MACD crossover is bullish, supporting further upside.
- Relative Strength Index (RSI) at 51—indicates room for more price appreciation before overbought levels.
- Medium-Term View: Sideways, with resistance at S\$3.90 and support at S\$3.40.
- Long-Term View: Bullish, with potential resistance at S\$4.18 and support at S\$3.18.
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
