Technical Analysis – 04 November 2022
United States | Singapore | Hong Kong
Marathon Oil Corp (MRO US)
- Shares formed a bullish engulfing pattern with an increase in volume.
- Both MACD and RSI are constructive.
- Long – Entry 31.2, Target 33.2, Stop 30.2
Domino’s Pizza Inc (DPZ US)
- Shares closed near an intraday high above the 50dEMA with rising volumes.
- Both MACD and RSI are constructive.
- Long – Entry 350 Target 365, Stop 343
Rex International Holding Ltd (5WH SP)
- Shares closed above the 50dEMA. The 5dEMA crossed above the 20dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 0.240, Target 0.260 Stop 0.230
Jardine Cycle & Carriage Ltd (C07 SP)
- Shares closed above the 5dMEA with an increase in volume.
- MACD starts turning positive, and RSI rebounds from an oversold level.
- Long – Entry 30.7, Target 32.1 Stop 30.0
China Power International Development Ltd (2380 HK)
- Shares closed above the 5dEMA with an increase in volume.
- MACD is about to turn positive, and RSI rebounds from an oversold level.
- Long – Entry: 2.45 Target: 2.70, Stop: 2.33
China Resources Power Holdings (836 HK)
- Shares closed above the 5dEMA with an increase in volume.
- MACD remains negative, and RSI starts turning upward.
- Long – Entry: 11.7, Target: 12.7 Stop: 11.2
