J91U.SI ESR-Logos REIT (SES) 2.50% pre-market at S$0.21: oversold bounce, S$0.47 upside

J91U.SI stock opened pre-market at S$0.21, up 2.50% on heavy turnover as buyers test a short-term rebound. Volume is elevated at 22,547,300 shares, double the average of 10,612,536. Traders watching the Singapore Exchange (SES) are treating the move as an oversold bounce after a multi-month decline. We present a focused technical and fundamental read for the oversold-bounce setup and what to watch next in Singapore dollars (SGD).