Technical Analysis – 02 May 2023
United States | Singapore | Hong Kong
Norwegian Cruise Line Holdings Ltd. (NCLH US)
- Shares closed higher above the 50dEMA, with a surge in volume. 5dEMA is about to cross the 50dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 14.5, Target 16.0, Stop 13.7
American Airlines Group, Inc. (AAL US)
- Shares closed higher above the 20dEMA, with constructive volume over the past 2 days.
- MACD just turned positive, RSI is constructive.
- Long – Entry 13.8, Target 15.0, Stop 13.2
AEM Holdings Ltd (AEM SP)
- Shares formed an inverted hammer pattern and closed above the 5dEMA with a spike in volume.
- RSI is constructive, while MACD is about to turn positive.
- Long – Entry 3.32, Target 3.56, Stop 3.20
Raffles Medical Group Ltd (RFMD SP)
- Shares rose and closed above the 20dEMA with an increase in volume.The 5dEMA is about to cross the 20dEMA.
- RSI is constructive, while MACD is negative.
- Long – Entry 1.46, Target 1.52, Stop 1.43
Metallurgical Corporation of China Ltd. (1618 HK)
- Shares rose to a new 52-week high, with a surge in volume.
- MACD just turned positive, RSI is at an “overbought” level.
- Long – Entry 2.35, Target 2.55, Stop 2.25
PICC Property & Casualty Co. Ltd. (2328 HK)
- Shares closed at a new 52-week high, with constructive volume over the past 2 weeks.
- MACD is positive, RSI is at an “overbought” level.
- Long – Entry 9.40, Target 10.00, Stop 9.10
