Stock: LHN Limited (SGX: 41O)
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Exchange: Singapore Exchange (SGX)
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Timeframe: Daily (1D)
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Last Close: 0.515 SGD
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Range: 0.325 (Aug 2024) to 0.550 (Jan 2025)
🔹 1. Trend Analysis
📈 Current Trend: Uptrend
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Recent higher high: 0.550 (Jan 2025), followed by a pullback and new higher high challenge.
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Recent higher low: 0.375 (April 2025), forming a clean higher low vs. the previous pivot low at 0.340.
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Since mid-April 2025: Sharp rally from 0.375 → 0.515, breaking multiple minor resistance levels.
⚠️ Trend Strength:
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Strong bullish momentum resumed in April after retracement.
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Healthy correction from 0.550 → 0.375, then V-shape reversal.
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Increasing volume on bullish candles – indication of strong buyer interest.
🔹 2. Key Price Action Signals
🔸 Bullish Signals:
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Mid-April to May: Series of strong trend bars, often closing near the high – indicates aggressive buying.
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Bar on April 22: Long bullish bar on elevated volume → key breakout bar.
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Volume spike early December – accompanied by large bullish bar (gap up) breaking consolidation.
🔸 Bearish Signals:
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Sharp rejection wick at 0.550 (Jan): Exhaustion signal.
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Early March: Strong bearish bars after failed breakout attempt near 0.495 – followed by steep drop to 0.375.
🔸 Reversal Patterns:
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Double bottom near 0.375 (March & April) – clean reversal base with follow-through buying.
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False breakdown under 0.445 support led to bullish reversal in April.
🔸 Volume Spikes:
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Dec 2024: Breakout from 0.40s zone to 0.535 → large green candle on high volume → institutional entry likely.
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April 2025: Bullish engulfing after a cluster of small-bodied red candles → signs of accumulation.
🔸 Gaps & Dojis:
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Gap up visible in Dec 2024 → followed by continuation.
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Multiple small-bodied candles (doji/indecision) before reversals near support in April → indicates accumulation phase before breakout.
🔹 3. Support & Resistance Zones
🔧 Support:
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0.375: Strong recent support, tested and held twice (March & April 2025).
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0.445: Previous swing low from March.
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0.485: Held support during consolidation in Jan–Feb.
🔧 Resistance:
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0.535 - 0.550: Key resistance zone – upper supply zone from Jan 2025 top.
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0.515: Currently testing – minor resistance from prior reaction high.
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0.495: Recently broken – could now act as support.
🔹 4. Breakout & Pullback Analysis
✅ Recent Breakout:
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Break above 0.485 (early May) confirmed a bullish reversal from the 0.375 base.
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Follow-through observed → no immediate rejection, price now consolidating near 0.515.
🔄 Pullbacks:
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Minor pullbacks are shallow, trend bars strong – indicative of bull flag formations.
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Pullback from 0.550 to 0.375 now resolved with a sustained rally – clear higher low.
🔹 5. Market Context & Trading Bias
📊 Current Market Phase: Trending Up
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Price is making higher highs and higher lows after a major correction.
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Volume behavior supports continuation – signs of bullish control.
🧠 Trader Psychology:
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Fear to greed transition from March to May.
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Early signs of FOMO buying as price nears prior highs (0.535+).
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Steady volume builds → confidence among institutions likely returning.
🔹 6. Supply, Demand & Liquidity Analysis
💼 Demand Zones:
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0.375 – 0.445: Clear demand zone, repeated buying interest, strong base building.
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0.485 – 0.495: Now flipped to support → previously sticky range.
💼 Supply Zones:
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0.535 – 0.550: Watch for price action near this zone; breakout could lead to re-rating.
🔹 7. Trade Setups & Risk Management Strategy
⚙️ Setup 1: Breakout Play
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Entry: On close above 0.520–0.535 (confirmation of breakout).
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Stop-Loss: Below 0.495 (prior support).
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Target: 0.575 – 0.600 range (projected from prior swing high extension).
⚙️ Setup 2: Pullback Buy
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Entry: Near 0.495 (if price retests broken resistance).
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Stop-Loss: Below 0.485.
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Target: Retest of 0.535 and potential breakout.
🔹 8. Company News (Last 3 Months)
📅 1. March 5, 2025 – LHN Limited Expands Co-living Business
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LHN announced expansion of its Coliwoo brand in Singapore, acquiring new property for rental income.
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Impact: Bullish. Expansion aligns with growth strategy, reinforces income stability.
📅 2. April 10, 2025 – Earnings Report (Q2 FY2025)
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Revenue rose 12% YoY, supported by growth in facilities management and co-living segments.
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Net profit improved 8% YoY.
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Impact: Positive. Strong fundamentals support bullish sentiment.
📅 3. May 2, 2025 – Strategic Partnership with Developer for Green Buildings
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Collaboration to develop sustainable co-living units.
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ESG angle attracts institutional investors.
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Impact: Positive sentiment, aligns with longer-term investment themes.
✅ Final Summary & Outlook
| Time Frame | Bias | Reasoning |
|---|---|---|
| Short-Term | ✅ Bullish | Momentum strong, possible breakout continuation. |
| Medium-Term | ✅ Bullish | Higher lows confirmed, strong demand base. |
| Long-Term | ✅ Bullish | Strong fundamental support (earnings + expansion). |
🔔 Final Thoughts
LHN (SGX: 41O) is showing strong price action supported by institutional volume and improving fundamentals. The breakout above 0.495 has conviction, and price is challenging 0.515–0.535 with increasing buying pressure. A breakout above 0.550 could trigger significant upside momentum.
📈 Watch for a clean break above 0.535 with volume – this may lead to trend acceleration into the 0.575–0.600 area.
Disclaimer:Please note that this analysis is for educational purposes only and should not be taken as investment advice. Trading involves significant risk, and you should consult with a financial advisor before making any decisions.
Dividend: 3.88%
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