Technical Analysis – 1 September 2022
United States | Singapore | Hong Kong
BJ’s Wholesale Club Holdings Inc (BJ US)
- Shares held up well within the upward channel amidst the market sell-off.
- Both MACD and RSI are constructive.
- Long – Entry 72.50, Target 77.45, Stop 70.00
Energy Fuels Inc (UUUU US)
- Shares formed a bullish flag pattern with rising volumes. The 20dEMA crossed above the 200dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 7.50 Target 8.90, Stop 6.80
Tianjin Pharmcetl Da Ren Tang Grp Cp Ltd (T14 SP)
- Shares gapped up and closed at the intraday high with an increase in volume. The 5dEMA crossed 20dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 1.05, Target 1.12, Stop 1.03
Sats Ltd (S58 SP)
- Shares formed a hammer pattern after three consecutive days’ fall with a jump in volume.
- Both MACD and RSI are negative.
- Long – Entry 4.02, Target 4.15, Stop 3.96
Sands China Ltd (1928 HK)
- Shares closed near an intraday high with an increase in volume. The 5dEMA crossed the 20dEMA.
- MACD starts to turn positive, while RSI is constructive.
- Long – Entry: 17.5, Target: 18.7, Stop: 16.9
China Vanke Co Ltd (2022 HK)
- Shares jumped and broke out of the consolidation channel with a surge in volume.
- Both MACD and RSI are constructive.
- Long – Entry: 15.2, Target: 16.2 Stop: 14.7
