Technical Analysis – 10 July 2023
United States | Singapore | Hong Kong
Albemarle Corp. (ALB US)
- Shares closed higher above the 200dEMA with constructive volume. 5dEMA just crossed the 200dEMA.
- MACD just turned positive, RSI is constructive.
- Long – Entry 235, Target 255, Stop 225
Sociedad Quimica y Minera S.A. (SQM US)
- Shares closed just below the 200dEMA with constructive volume. 20dEMA is about to cross the 50dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 78, Target 84, Stop 75
iFAST Corp Ltd (IFAST SP)
- Shares rose and closed above the 5dEMA with a surge in volume. The 5dEMA crossed both the 20dEMA and 50dEMA.
- RSI is constructive while MACD is about to turn positive.
- Long – Entry 4.55, Target 5.00, Stop 4.33
SATS Ltd (SATS SP)
- Shares closed above the 50dEMA with an increase in volume. The 5dEMA is about to cross the 20dEMA.
- RSI is constructive and MACD just turned positive.
- Long – Entry 2.61, Target 2.83, Stop 2.50
Tianneng Power International Ltd. (819 HK)
- Shares closed higher above the 5dEMA. 5dEMA just crossed the 20dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 8.60, Target 9.60, Stop 8.10
CIMC Enric Holdings Ltd. (3899 HK)
- Shares closed above the 5dEMA. 20dEMA is about to cross the 50dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 7.20, Target 7.80, Stop 6.90
