Technical Analysis – 21 July 2022
United States | Singapore | Hong Kong
ChargePoint Holdings, Inc (CHPT US)
- Shares closed near an intraday high and above the 50EMA with a jump in volume. The 5dEMA crossed above the 20dEMA.
- RSI is constructive, and MACD starts to turn positive.
- Long – Entry 14.0, Target 15.8, Stop 13.1
Crocs, Inc (CROX US)
- Shares closed at a two-month high with a jump in volume. The 5dEMA crossed above the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 62.5, Target 70.0, Stop 59.0
Frencken Group (FRKN SP)
- Triple bottom off bottom of S$1.12. Last close above 8/21 day EMA and above the triple bottom channel indicates possible near term reversal.
- RSI constructive.
- Long – Entry 1.16, Target 1.36, Stop 1.12
CFM (CFM SP)
- Bounced off the upward channel to trade at 8/21 day EMA implies the upward trend is still intact. Maintain tight stop loss at bottom of channel.
- RSI constructive.
- Long – Entry 0.119, Target 0.144, Stop 0.114
Remegen Co Ltd (9995 HK)
- Shares broke out of the one-week consolidation with a jump in volume.
- RSI is constructive, while MACD is about to turn upward.
- Long – Entry: 48.5, Target: 52.0, Stop: 46.8
AviChina Industry & Technology Co Ltd (2357 HK)
- Shares closed above the 50dEMA with an increase in volume. The stock had been trading within the upward channel.
- RSI is constructive, while MACD is about to turn upward.
- Long – Entry: 4.30, Target: 4.60, Stop: 4.15
