Technical Analysis – 02 November 2022
United States | Singapore | Hong Kong
JPMorgan Chase & Co (JPM US)
- Shares had been trending upward with the 5dEMA support. The 5dEMA crossed above the 200dEMA.
- MACD is constructive, and RSI is at an overbought level.
- Long – Entry 126.5, Target 133.0, Stop 123.5
FMC Corporation (FMC US)
- Shares had been trending upward with the 5dEMA support. The 50dEMA crossed above the 200dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 119.0 Target 125.0, Stop 116.0
UMS Holdings Limited (558 SP)
- Shares closed above the 5dEMA with a jump in volume.
- MACD starts turning positive, and RSI rebounds from an oversold level.
- Long – Entry 0.92, Target 1.00 Stop 0.88
Singapore Technologies Engineering Ltd (S63 SP)
- Shares closed above the 20dEMA with a decent volume.
- Both MACD and RSI are constructive.
- Long – Entry 3.35, Target 3.50 Stop 3.28
Ganfeng Lithium Group Co., Ltd (1772 HK)
- Shares closed at a one-month high with a jump in volume.
- Both MACD and RSI are constructive.
- Long – Entry: 57.5 Target: 62.3, Stop: 55.1
Tsingtao Brewery Co Ltd (168 HK)
- Shares closed above the 5dEMA with an increase in volume..
- RSI rebounds from an oversold level, while MACE remains negative.
- Long – Entry: 59.0, Target: 65.4 Stop: 55.8
