Technical Analysis – 10 June 2022
United States | Singapore | Hong Kong
Fortinet Inc (FTNT US)
- Shares resumed an uptrend. The 20dEMA was about to cross the 200dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 295, Target 330, Stop 280
World Fuel Services Corp (INT US)
- Shares resumed an uptrend. The 20dEMA was about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 26.5, Target 27.5, Stop 26.0
Keppel DC REIT (KDCREIT SP)
- Shares closed above the 5dMA yesterday and are forming an ascending triangle pattern.
- RSI is consolidating while MACD is constructive.
- Long – Entry 2.02, Target 2.17, Stop 1.95
RH Petrogas Ltd (RHP SP)
- Shares closed above the 5dMA yesterday and above the previous gap down.
- Both MACD and RSI are constructive.
- Long – Entry 0.285, Target 0.310, Stop 0.270
Pop Mart International Group Ltd (9992 HK)
- Shares resumed an uptrend and closed at the upper bound of the consolidation with an increase in volume.The 5dEMA had crossed the 50dEMA.
- MACD and RSI are constructive.
- Long – Entry: 36.7, Target: 41.7, Stop: 34.2
Alibaba Group Holding Ltd (9888 HK)
- Shares had bottomed out. The stock closed at above a two-month high with a jump in volume. The 5dEMA had crossed the 50dEMA.
- MACD and RSI are constructive.
- Long – Entry: 105, Target: 119, Stop: 98
