Technical Analysis – 03 August 2022
United States | Singapore | Hong Kong
AMC Entertainment Holdings Inc (AMC US)
- Shares jumped and closed near an intraday high with a surge in volume.
- MACD is about to turn positive, and RSI isconstructive.
- Long – Entry 16.5, Target 17.9, Stop 15.8
Lithium Americas Corp (LAC US)
- Shares closed at a two-month high with an increase in volume. The 5dEMA had crossed above the 200dEMA. The 20dEMA was about to cross above the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 25.5, Target 28.0 Stop 23.3
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
China Gas Holdings Ltd (384 HK)
- Shares slowly edged up with the strong support of 50dEMA.
- Both MACD and RSI show no momentum
- Long – Entry: 11.8, Target: 12.5, Stop: 11.5
Nexteer Automotive Group Ltd (1316 HK)
- Shares broke out and closed above the 200dEMA with a jump in volume.
- Both MACD and RSI are constructive.
- Long – Entry: 6.5, Target: 7.5 Stop: 6.0
