Technical Analysis – 03 May 2023
United States | Singapore | Hong Kong
MGM Resorts International (MGM US)
- Shares closed above the 5dEMA, with a surge in volume over the past 2 days.
- MACD just turned positive, RSI is constructive.
- Long – Entry 45.9, Target 49.9, Stop 43.9
Marriott International, Inc. (MAR US)
- Shares closed above the 5dEMA, with a surge in volume.
- MACD just turned positive, RSI is constructive.
- Long – Entry 177.5, Target 191.5, Stop 170.5
AEM Holdings Ltd (AEM SP)
- Shares closed at a high since December 2022 above the 200dEMA with an increase in volume.
- MACD turned positive, while RSI is at an overbought level.
- Long – Entry 3.48, Target 3.86, Stop 3.29
Yangzijiang Shipbuilding Holdings Ltd (YZJSGD SP)
- Shares closed at a high since March above the 50dEMA with rising volume. The 5dEMA crossed the 50dEMA.
- Both RSI and MACD are constructive.
- Long – Entry 1.25, Target 1.36, Stop 1.19
Cosco Shipping Ports Ltd. (1199 HK)
- Shares rose to a above the 50dEMA, with constructive volume over the past 3 days.
- MACD is positive, RSI is constructive.
- Long – Entry 5.30, Target 5.90, Stop 5.00
Jiangsu Expressway Co. Ltd. (177 HK)
- Shares closed at a new 52-week high, with a surge in volume over the past 2 days.
- MACD is positive, RSI is constructive.
- Long – Entry 8.20, Target 8.80, Stop 8.90
