Broker Name: Lim & Tan Securities
Date of Report: 31 July 2026
Excerpt from Lim & Tan Securities report
Report Summary
- Stock: Yangzijiang Shipbuilding (YZJ Shipbldg SGD)
- Action: BUY (short-term, based on technical analysis)
- Key Highlights:
- Share price has surged 7.8% since the previous technical call, confirming a bullish trend.
- Price is trading within an Ascending Channel, signaling further potential upside.
- Relative Strength Index (RSI) is at 61, below the overbought threshold, indicating room for further gains before any likely pullback.
- Short-term resistance (target): S\$4.07 (actionable upside capped at this level).
- Short-term support: S\$3.75 (downside likely limited if momentum turns negative).
- Medium-term view is sideways between S\$4.20 resistance and S\$3.63 support.
- Long-term view remains bullish with key levels at S\$4.53 resistance and S\$3.50 support.
- Implication: Investors may consider a short-term BUY with an upside target at S\$4.07, while monitoring S\$3.75 as a stop-loss or support area.
Above is an excerpt from a report by Lim & Tan Securities. Clients of Lim & Tan Securities can access the full research report from the broker’s website.
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