First Resources' Stock Price Appears Bullish on Chart -- Market Talk

Dow Jones

2025/07/15

0047 GMT - First Resources' stock price appears bullish on technical charts, Phillip Securities Research's Zane Aw says in commentary. Since the beginning of July 2025, the stock price has retested the S$1.52 resistance level of its current consolidation range multiple times, the analyst notes. The moving average convergence divergence indicator shows increasing upward momentum and is holding above the zero line, supporting the bullish view. Should the stock price break above S$1.52, it could extend gains and reach S$1.61, a previous horizontal support breakdown level seen at the start of April 2025, Aw adds. Shares last closed at S$1.51. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

July 14, 2025 20:47 ET (00:47 GMT)

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Since the beginning of July 2025, the stock price has retested the S$1.52 resistance level of its current consolidation range multiple times, the analyst notes. The moving average convergence divergence indicator shows increasing upward momentum and is holding above the zero line, supporting the bullish view. Should the stock price break above S$1.52, it could extend gains and reach S$1.61, a previous horizontal support breakdown level seen at the start of April 2025, Aw adds. Shares last closed at S$1.51. 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Since the beginning of July 2025, the stock price has retested the S$1.52 resistance level of its current consolidation range multiple times, the analyst notes. The moving average convergence divergence indicator shows increasing upward momentum and is holding above the zero line, supporting the bullish view. Should the stock price break above S$1.52, it could extend gains and reach S$1.61, a previous horizontal support breakdown level seen at the start of April 2025, Aw adds. Shares last closed at S$1.51. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 14, 2025 20:47 ET (00:47 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2264538146.SGD","symbol_name":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2551131708","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2551131708","pubTimestamp":1752540420,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0047 GMT - First Resources' stock price appears bullish on technical charts, Phillip Securities Research's Zane Aw says in commentary. Since the beginning of July 2025, the stock price has retested the S$1.52 resistance level of its current consolidation range multiple times, the analyst notes. The moving average convergence divergence indicator shows increasing upward momentum and is holding above the zero line, supporting the bullish view. Should the stock price break above S$1.52, it could extend gains and reach S$1.61, a previous horizontal support breakdown level seen at the start of April 2025, Aw adds. Shares last closed at S$1.51. 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Since the beginning of July 2025, the stock price has retested the S$1.52 resistance level of its current consolidation range multiple times, the analyst notes. The moving average convergence divergence indicator shows increasing upward momentum and is holding above the zero line, supporting the bullish view. Should the stock price break above S$1.52, it could extend gains and reach S$1.61, a previous horizontal support breakdown level seen at the start of April 2025, Aw adds. Shares last closed at S$1.51. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 14, 2025 20:47 ET (00:47 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}