Technical Analysis – 07 November 2022
United States | Singapore | Hong Kong
HP Inc (HPQ US)
- Shares gapped up and closed above the 50dEMA with a jump in volume. The 5dEMA was about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 27.8, Target 30.0, Stop 26.7
Range Resources Corp (RRC US)
- Shares formed a bullish rectangle above the 200dEMA.
- MACD is constructive, while RSI remains flat.
- Long – Entry 27.7 Target 30.7, Stop 26.2
Capitaland Investment Ltd (9CI SP)
- Shares closed above the 20dEMA with a jump in volume.
- MACD starts turning positive, and RSI is trending upward.
- Long – Entry 3.16, Target 3.28 Stop 3.10
Wilmar International Limited (F34 SP)
- Shares formed a bullish flag pattern.
- Both MACD and RSI are constructive.
- Long – Entry 3.90, Target 4.09 Stop 3.80
Hong Kong Exchanges and Clearing Limited (388 HK)
- Shares closed above the 20dEMA with an increase in volume.
- MACD starts turning positive, and RSI is trending upward.
- Long – Entry: 240Target: 260, Stop: 230
WuXi AppTec Co., Ltd (2359 HK)
- Shares closed above the 50dEMA with a jump in volume.
- Both MACD and RSI are constructive.
- Long – Entry: 72.00, Target: 80.75 Stop: 68.0
