Technical Analysis – 02 August 2022
United States | Singapore | Hong Kong
Installed Building Products Inc (IBP US)
- Shares broke out of the 200dEMA. The 5dEMA was about to cross the 200dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 64.0, Target 68.5, Stop 61.8
Globalfoundries Inc (GFS US)
- Shares continued to rise with a surge in volume. The 20dEMA was about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 53.0, Target 60.0 Stop 49.5
ComfortDelGro (CD SP)
- Has been on an upward trend since a U-shaped recovery. Currently on uptrend with closing above 8/21 day EMA. Golden Cross
- RSI constructive.
- Long – Entry 1.44, Target 1.55, Stop 1.41
Daiwa Hse Logistics Trust (DHLT SP)
- Strong upward trend with close above 8/21 day EMA. Golden cross.
- RSI toppish.
- Long – Entry 0.75, Target 0.815, Stop 0.71
BYD Company Limited (1211 HK)
- Share closed above the 20dEMA with an increase in volume. The 5dEMA was about to cross the 20dEMA.
- MACD starts to turn positive, and RSI starts to turn upward.
- Long – Entry: 290, Target: 315, Stop: 280
HSBC Holdings PLC (5 HK)
- Shares jumped with a surg in volume. The 5dEMA crossed above the 20dEMA.
- Both MACD and RSI are constructive.
- Long – Entry: 51.50, Target: 52.90 Stop: 50.80
