Technical Analysis – 09 November 2022
United States | Singapore | Hong Kong
Airbnb Inc (ABNB US)
- Shares edged up and closed above the 5dEMA.
- RSI is turning upward, while MACD remains negative.
- Long – Entry 96.5, Target 106.5, Stop 91.5
Home Depot Inc (PG US)
- Shares edged up. The 20dEMA was about to cross the 50dEMA.
- Both MACD and RSI are flat.
- Long – Entry 290 Target 300, Stop 285
United Overseas Bank Ltd (U11 SP)
- Shares gapped up and closed at a high since June with decent volumes.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry 28.5, Target 29.6 Stop 28.0
UOL Group Limited (U14 SP)
- Shares gapped up but closed near an intraday low. The 5dEMA crossed above the 20dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 6.32, Target 6.52 Stop 6.22
Xinyi Energy Holdings Ltd (3868 HK)
- Shares gapped up and closed at a high since October with an increase in volume. The 5dEMA crossed above the 20dEMA.
- Both MACD and RSI are constructive.
- Long – Entry: 2.26 Target: 2.50, Stop: 2.14
Ganfeng Lithium Co., Ltd (1772 HK)
- Shares gapped up and closed at a high since mid-September with decent volumes.
- Both MACD and RSI are constructive.
- Long – Entry: 65.0, Target: 71.0 Stop: 62.0
