Technical Analysis – 21 June 2023
United States | Singapore | Hong Kong
Wynn Resorts, Ltd. (WYNN US)
- Shares closed above the 50dEMA with constructive volume. 5dEMA recently crossed the 200dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 105.5, Target 114.5, Stop 101
Shake Shack, Inc. (SHAK US)
- Shares closed at a 52-week high with a surge in volume.
- MACD is positive, RSI is at an “overbought” level.
- Long – Entry 73.5, Target 79.5, Stop 70.5
Singapore Post (SPOST SP)
- Shares closed higher above the 5dEMA, with a surge in volume. 5dEMA just crossed the 20dEMA.
- RSI is constructive and MACD is positive.
- Long – Entry 0.47, Target 0.51, Stop 0.45
Aztech Global Ltd. (AZTECH SP)
- Shares closed above the 5dEMA. The 5dEMA recently crossed the 20dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 0.715, Target 0.775, Stop 0.685
Melco International Development (200 HK)
- Shares closed above the 50dEMA and 200dEMA. 5dEMA is about to cross the 200dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 8.3, Target 9.3, Stop 7.8
Wynn Macau Ltd. (1128 HK)
- Shares closed higher above the 5dEMA, with constructive volume. 5dEMA recently crossed the 20dEMA.
- MACD is positive, RSI is turning constructive.
- Long – Entry 7.80, Target 8.60, Stop 7.40
