Technical Analysis – 01 November 2022
United States | Singapore | Hong Kong
Caterpillar Inc (CAT US)
- Shares formed a bullish flag pattern with the 5dEMA support.
- MACD is constructive, and RSI is turning upward.
- Long – Entry 225, Target 245, Stop 215
Colgate-Palmolive Company (CL US)
- Shares formed a bullish engulfing pattern previously and closed above the 5dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 73.5 Target 77.0, Stop 72.0
Sats Ltd (S58 SP)
- Shares closed above the 5dEMA with decent volumes.
- MACD is positive, and RSI rebounds from an oversold level.
- Long – Entry 2.70, Target 2.85 Stop 2.63
Raffles Medical Group Ltd (BSL SP)
- Shares gapped up and closed near an intraday high with a jump in volume.
- Both MACD and RSI are constructive.
- Long – Entry 1.31, Target 1.40 Stop 1.27
BYD Electronic International Co Ltd (285 HK)
- Shares closed above the 200dEMA with a jump in volume.
- Both MACD and RSI are constructive.
- Long – Entry: 22.5 Target: 25.1, Stop: 21.2
Aac Technologies Holdings Inc (2018 HK)
- Shares closed at a two-month high with a jump in volume. The 5dEMA was about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry: 13.8, Target: 15.4 Stop: 13.0
