Technical Analysis – 22 December 2022
United States | Singapore | Hong Kong
Logitech International SA (LOGI US)
- Shares formed an island reversal pattern with an increase in volume. The 5dEMA crossed both the 20dEMA and 200dEMA.
- RSI is constructive and MACD is about to turn positive.
- Long – Entry 61.2 Target 63.0 Stop 60.3
Crocs Inc (CROX US)
- Shares closed above the 5dEMA with an increase in volume. The 5dEMA crossed the 20dEMA.
- RSI is constructive and MACD is about to turn positive.
- Long – Entry 100.5, Target 104.2, Stop 98.7
UOL Group Ltd (U14 SP)
- Shares formed a rising wedge pattern.
- RSI is constructive, while MACD remains negative.
- Long – Entry 6.74, Target 6.86, Stop 6.68
Hongkong Land Holdings Limited (H78 SP)
- Shares closed above the 200dEMA with increased volume. The 5dEMA crossed the 200dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 4.74, Target 4.89, Stop 4.67
Shangri-La Asia Ltd (69 HK)
- Shares closed above the 5dEMA with an increase in volume.
- RSI is at an overbought level, while MACD is constructive.
- Long – Entry 6.15, Target 6.60, Stop 5.93
Nine Dragons Paper (Holdings) Ltd (2689 HK)
- Shares formed a bullish engulfing pattern with an increase in volume.
- Both RSI and MACD are constructive.
- Long – Entry: 7.20, Target: 7.85 Stop: 6.88
