Technical Analysis – 1 June 2023
United States | Singapore | Hong Kong
Pacific Gas & Electric Co. (PCG US)
- Stock closed above the 20dEMA, with a surge in volume over the past 2 days. 5dEMA just crossed the 50dEMA.
- MACD is about to turn positive, RSI is constructive.
- Long – Entry 16.8, Target 17.8, Stop 16.3
Sunworks, Inc. (SUNW US)
- Shares closed higher above the 5dEMA, with constructive volume over the past 2 days. 5dEMA just crossed the 50dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 1.36, Target 1.50, Stop 1.29
Oversea-Chinese Banking Corp Ltd (OCBC SP)
- Shares formed a hammer pattern and closed above the 5dEMA with a surge in volume.
- Both RSI and MACD are constructive.
- Long – Entry 12.24, Target 12.64, Stop 12.04
Singapore Exchange Ltd (SGX SP)
- Shares closed above the 200dEMA with an increase in volume.
- RSI is constructive, while MACD is negative.
- Long – Entry 9.25, Target 9.55, Stop 9.10
Huatai Securities Co. Ltd. (6886 HK)
- Shares closed higher above the 200dEMA, with a surge in volume.
- MACD is turning positive, RSI is turning constructive.
- Long – Entry 9.70, Target 10.70, Stop 9.20
Haitong Securities Co. Ltd. (6837 HK)
- Shares closed at the 200dEMA with a surge in volume.
- MACD is about to turn positive, RSI is about to turn constructive.
- Long – Entry 5.18, Target 5.68, Stop 4.93
