Technical Analysis – 29 March 2023
United States | Singapore | Hong Kong
Livent Corp (LTHM US)
- Shares formed an island reversal pattern and closed above the 20dEMA with an increase in volume.
- RSI is constructive and MACD is positive.
- Long – Entry 21.6 Target 25.0 Stop 19.9
Marathon Oil Corp (MRO US)
- Shares tested the 20dEMA and closed above the 5dEMA.
- RSI is constructive and MACD is positive.
- Long – Entry 23.00 Target 25.50 Stop 21.75
City Developments Ltd (CIT SP)
- Shares tested the 20dEMA, closing above the 5dEMA with an increase in volume.
- Both MACD and RSI are constructive.
- Long – Entry 7.32, Target 7.62, Stop 7.17
Best World International Ltd (BEST SP)
- Shares rose and closed above the 20dEMA with a rise in volume.
- Both MACD and RSI are constructive.
- Long – Entry 2.47, Target 2.55, Stop 2.
Chow Tai Fook Jewellery Group Ltd. (1929 HK)
- Shares closed above the 200dEMA and 50dEMA. 5dEMA is just crossed the 200dEMA line.
- MACD is positive, RSI is constructive.
- Long – Entry 15.5, Target 17.0, Stop 14.7
Budweiser Brewing Company APAC Ltd. (1876 HK)
- Shares closed higher today with a surge in volume. 20dEMA is about to cross the 50dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 24.5, Target 26.5, Stop 23.5
