Soon Hock Enterprise's Share Price Has Potential Upside -- Market Talk

Dow Jones

02/03

0054 GMT - Soon Hock Enterprise's share-price may break out of an ascending triangle consolidation pattern to the upside, based on technical analysis, Phillip Securities Research's Zane Aw says in commentary. The share price has formed a series of higher lows, with multiple retests of resistance at S$0.640, the analyst notes. Also, the moving average convergence divergence indicator shows declining bearish momentum recently. If the share price breaks above resistance at S$0.640, it is likely to extend gains to S$0.715, the analyst adds. The shares last closed at S$0.640. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

February 02, 2026 19:54 ET (00:54 GMT)

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The share price has formed a series of higher lows, with multiple retests of resistance at S$0.640, the analyst notes. Also, the moving average convergence divergence indicator shows declining bearish momentum recently. If the share price breaks above resistance at S$0.640, it is likely to extend gains to S$0.715, the analyst adds. The shares last closed at S$0.640. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 02, 2026 19:54 ET (00:54 GMT)\n</p>\n<p>\n  Copyright (c) 2026 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":"SHE.SI","symbol_name":"Soon Hock","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2608814306","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2608814306","pubTimestamp":1770080040,"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":"0054 GMT - Soon Hock Enterprise's share-price may break out of an ascending triangle consolidation pattern to the upside, based on technical analysis, Phillip Securities Research's Zane Aw says in commentary. The share price has formed a series of higher lows, with multiple retests of resistance at S$0.640, the analyst notes. Also, the moving average convergence divergence indicator shows declining bearish momentum recently. If the share price breaks above resistance at S$0.640, it is likely to extend gains to S$0.715, the analyst adds. The shares last closed at S$0.640. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SHE.SI":"Soon Hock"},"translate_title":"顺福企业股价有潜在上涨空间——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SHE.SI":0.9},"content_text":"0054 GMT - Soon Hock Enterprise's share-price may break out of an ascending triangle consolidation pattern to the upside, based on technical analysis, Phillip Securities Research's Zane Aw says in commentary. The share price has formed a series of higher lows, with multiple retests of resistance at S$0.640, the analyst notes. Also, the moving average convergence divergence indicator shows declining bearish momentum recently. If the share price breaks above resistance at S$0.640, it is likely to extend gains to S$0.715, the analyst adds. The shares last closed at S$0.640. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 02, 2026 19:54 ET (00:54 GMT)\n\n\n  Copyright (c) 2026 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"}}}