SWIFT
SWIFT (5303): Listed on the Main Board; Transportation & Logistics, Container Logistics
Trade on the potential breakout from the accumulation phase by considering fundamental factors that could drive SWIFT's stock price.
Potential Points to Look Up:
1. ESG Initiatives Impact: Understand the financial and operational impact of SWIFT's green initiatives on its bottom line and how it aligns with global ESG trends.
2. Warehousing Strategy: Dive deeper into SWIFT's warehousing expansion plan, its financing, and expected return on investment.
3. Competitive Position: Assess SWIFT's market position compared to other logistics players in Malaysia and how it stands to benefit from the booming e-commerce sector.
4. Fuel Costs: Monitor global fuel prices and their potential impact on SWIFT's operational costs, given its significant role in the logistics business.
5. Global Economic Factors: Stay updated on global economic conditions and how they might impact the demand for transportation and warehousing services in the region.
✅Current price: RM0.465
✅Entry: RM0.450 - 0.500
✅Stop Loss: RM0.440
✅Resistance: RM0.515/0.665/0.785
✅Technical Target: RM0.58/0.665/0.785
✅MAYBANK, BIMB & KENANGA TP: RM0.52/0.58/0.87
✅Risk Profile: Low
Hydra_X
22 August 2023
Trade on the potential breakout from the accumulation phase by considering fundamental factors that could drive SWIFT's stock price.
Potential Points to Look Up:
1. ESG Initiatives Impact: Understand the financial and operational impact of SWIFT's green initiatives on its bottom line and how it aligns with global ESG trends.
2. Warehousing Strategy: Dive deeper into SWIFT's warehousing expansion plan, its financing, and expected return on investment.
3. Competitive Position: Assess SWIFT's market position compared to other logistics players in Malaysia and how it stands to benefit from the booming e-commerce sector.
4. Fuel Costs: Monitor global fuel prices and their potential impact on SWIFT's operational costs, given its significant role in the logistics business.
5. Global Economic Factors: Stay updated on global economic conditions and how they might impact the demand for transportation and warehousing services in the region.
✅Current price: RM0.465
✅Entry: RM0.450 - 0.500
✅Stop Loss: RM0.440
✅Resistance: RM0.515/0.665/0.785
✅Technical Target: RM0.58/0.665/0.785
✅MAYBANK, BIMB & KENANGA TP: RM0.52/0.58/0.87
✅Risk Profile: Low
Hydra_X
22 August 2023
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.