Technical Analysis – 05 May 2023
United States | Singapore | Hong Kong
Barrick Gold Corp. (GOLD US)
- Shares closed at a high since June 2022, with a surge in volume over the past 3 days.
- MACD just turned positive, RSI is at an “overbought” level.
- Long – Entry 20.3, Target 22.3, Stop 19.3
Agnico Eagle Mines Ltd. (AEM US)
- Shares closed at a 52-week high, with a surge in volume
- MACD just turned positive, RSI is at an “overbought” level.
- Long – Entry 60.0, Target 66.0, Stop 57.0
Singapore Airlines Ltd (SIA SP)
- Shares rose and closed above the 5wEMA.
- RSI is constructive, while MACD is about to turn positive.
- Long – Entry 5.86, Target 6.20, Stop 5.69
Keppel Corp Ltd (KEP SP)
- Shares closed at a high since 2014 above the 5mEMA.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry 6.44, Target 7.00, Stop 6.16
China Taiping Insurance Holdings Co. (966 HK)
- Shares rose higher above the 200dEMA, with a surge in volume.
- MACD is positive, RSI is constructive.
- Long – Entry 9.50, Target 10.50, Stop 9.00
China Life Insurance Co. (2628 HK)
- Shares closed at a 52-week high, with a surge in volume.
- MACD is positive, RSI is constructive.
- Long – Entry 15.20, Target 16.20, Stop 14.70
