Technical Analysis – 1 June 2022
United States | Singapore | Hong Kong
Tapestry Inc (TPR US)
- Shares formed a doji pattern with a jump in volume. The 5dEMA was about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 33.8, Target 37.0, Stop 33.0
ON Semiconductor Corp (ON US)
- Shares had broken out of the consolidation with rising volumes. The 20dEMA was about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 60.0, Target 67.0, Stop 56.5
Kim Heng Ltd (KHOM SP)
- Shares gapped up and closed above the 5dMA yesterday on higher-than-average trading volumes.
- Both RSI and MACD are constructive.
- Long – Entry 0.094, Target 0.104, Stop 0.088
Samudera Shipping Line Ltd (SAMU SP)
- Shares closed above the 5dMA yesterday on higher-than-average trading volumes.
- Both RSI and MACD are constructive.
- Long – Entry 0.775, Target 0.845, Stop 0.730
Hainan Meilan International Airport Company Limited (357 HK)
- Shares closed near an intraday high with a jump in volume. The 5dEMA just crossed above the 20dEMA.
- MACD and RSI are constructive.
- Long – Entry: 15.6 Target: 19.5, Stop: 13.5
CGN New Energy Holdings Co Ltd (1811 HK)
- Shares broke out of the consolidation with a jump in volume. The 5dEMA was about to cross above the 50dEMA.
- MACD and RSI are constructive.
- Long – Entry: 3.8, Target: 4.5, Stop: 3.5
