Technical Analysis – 1 December 2022
United States | Singapore | Hong Kong
Southern Copper Corporation (SCCO US)
- Shares formed a cup and handle pattern and closed at a high since June with a jump in volume.
- MACD is about to turn positive, and RSI is constructive.
- Long – Entry 60.9, Target 64.9 Stop 58.9
Netflix Inc (NFLX US)
- Shares closed near an intraday high above the 5dEMA and 200dEMA with a jump in volume. The 5dEMA crossed above the 200dEMA.
- MACD is about to turn positive, and RSI is constructive.
- Long – Entry 300, Target 330, Stop 285
Hour Glass Ltd (AGS SP)
- Shares closed above the 200dEMA with a jump in volume. The stock formed a bullish rectangle pattern.
- Both MACD and RSI are constructive.
- Long – Entry 2.12, Target 2.30, Stop 2.03
UOL Group Limited (U14 SP)
- Shares closed at an intraday high with a jump in volume. The 5dEMA crossed above both the 20dEMA and 50dEMA.
- RSI is constructive, and MACD is about to turn positive.
- Long – Entry 6.65, Target 6.89, Stop 6.53
Haidilao International Holding Ltd (6862 HK)
- Shares closed at a high since February with a jump in volume. The 5dEMA was about to cross the 200dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 18.9, Target 21.3, Stop 17.7
Tsingtao Brewery Co Ltd (168 HK)
- Shares closed at a one-month high with a jump in volume. The 20dEMA was about to cross the 200dEMA.
- Both MACD and RSI are constructive.
- Long – Entry: 72.5, Target: 78.5 Stop: 69.5
