Technical Analysis – 23 December 2022
United States | Singapore | Hong Kong
Verizon Communications Inc (VZ US)
- Shares closed above the 50dEMA with an increase in volume. The 5dEMA crossed both the 20dEMA.
- RSI is constructive and MACD turned positive.
- Long – Entry 38.0 Target 38.8 Stop 37.6
Warner Music Group Corp (WMG US)
- Shares closed above the 5dEMA.
- RSI is at an overbought level, while MACD is about to turn positive.
- Long – Entry 35.3, Target 36.5, Stop 34.7
iFAST Corporation Ltd (AIY SP)
- Shares closed above the 5dEMA with an increase in volume.
- RSI is constructive, while MACD remains negative.
- Long – Entry 5.90, Target 6.15, Stop 5.78
Dyna-Mac Holdings Ltd (NO4 SP)
- Shares closed above the 5dEMA with an increase in volume. The 20dEMA met the 50dEMA.
- RSI is constructive, while MACD remains negative.
- Long – Entry 0.188, Target 0.194, Stop 0.185
Hong Kong Exchanges and Clearing Ltd (388 HK)
- Shares closed above the 5dEMA with an increase in volume. The 5dEMA crossed the 200dEMA.
- RSI is constructive, while MACD remains negative.
- Long – Entry 337.0, Target 344.0, Stop 333.5
Huatai Securities Co Ltd (6886 HK)
- Shares closed above the 5dEMA with an increase in volume.
- RSI is constructive, while MACD remains negative.
- Long – Entry: 8.65, Target: 8.90 Stop: 8.53
