Technical Analysis – 26 June 2023
United States | Singapore | Hong Kong
Wayfair, Inc. (W US)
- Shares closed even higher above the 5dEMA, with higher volume. 20dEMA is about to cross the 200dEMA.
- MACD is positive, RSI is at an “overbought” level.
- Long – Entry 57, Target 63, Stop 54
Philip Morris International, Inc. (PM US)
- Shares closed even higher above the 5dEMA, with constructive volume.
- MACD is positive, RSI is constructive.
- Long – Entry 96, Target 104, Stop 92
Singapore Post Ltd (SPOST SP)
- Shares closed above the 5dEMA with an increase in volume.
- Both RSI and MACD are constructive.
- Long – Entry 0.465, Target 0.505, Stop 0.445
Delfi Ltd (DELFI SP)
- Shares closed above the 50dEMA with rising volume.
- RSI is constructive, while MACD is negative.
- Long – Entry 1.25, Target 1.35, Stop 1.20
Cathay Pacific Airways (293 HK)
- Shares closed even higher above the 5dEMA, with constructive volume over the past 3 days.
- MACD is positive, RSI is at an “overbought” level.
- Long – Entry 8.25, Target 8.95, Stop 7.90
Jiangsu Expressway Co. (177 HK)
- Shares closed above the 20dEMA with constructive volume. 5dEMA is about to cross the 20dEMA.
- MACD just turned positive, RSI is turning constructive.
- Long – Entry 7.70, Target 8.50, Stop 7.30
