Technical Analysis – 09 May 2023
United States | Singapore | Hong Kong
Crowdstrike Holdings, Inc. (CRWD US)
- Shares closed above the 50dEMA, with constructive volume over the past 2 days.
- MACD is about to turn positive, RSI is constructive.
- Long – Entry 130, Target 140, Stop 125
Advanced Micro Devices Inc. (AMD US)
- Shares closed higher above the 5dEMA with a surge in volume over the past 3 days.
- MACD just turned positive, RSI is constructive.
- Long – Entry 94, Target 100, Stop 91
Wilmar International Ltd (WIL SP)
- Shares rose and closed above the 5dEMA with rising volume.
- RSI is positive, while MACD is negative.
- Long – Entry 3.91, Target 4.11, Stop 3.81
United Overseas Bank Ltd (UOB SP)
- Shares closed above the 5dEMA with an increase in volume.
- RSI is positive, while MACD is negative.
- Long – Entry 28.35, Target 30.00, Stop 27.53
Bank of China Ltd. (3988 HK)
- Shares closed at a 52-week high, with a surge in volume over the past 3 days.
- MACD is positive, RSI is at an “overbought” level.
- Long – Entry 3.40, Target 3.70, Stop 3.25
Industrial & Commercial Bank of China (1398 HK)
- Shares closed at a high since June 2022, with a surge in volume over the past 3 days.
- MACD is positive, RSI is at an “overbought” level.
- Long – Entry 4.65, Target 5.05, Stop 4.45
