Technical Analysis – 10 May 2022
United States | Singapore | Hong Kong
Campbell Soup Company (CPB US)
- Shares closed near a 52-week high with a surge in volume.
- MACD shows strong momentum, while RSI is at an overbought level.
- Long – Entry 50.5, Target 53.75, Stop 49.0
Conagra Brands Inc (CAG US)
- Shares broke out from the bullish flag pattern with a jump in volume.
- MACD is about to turn positive, and RSI is constructive.
- Long – Entry 36.0, Target 37.6, Stop 35.2
Civmec Ltd (CVL SP)
- Shares closed above the 5dMA yesterday on higher-than-average trading volumes.
- 5dMA crossed both the 20dMA and 60dMA.
- Both RSI and MACD are constructive.
- Long – Entry 0.66, Target 0.70, Stop 0.64
Lendlease Global Commercial REIT (LREIT SP)
- Shares formed a bullish flag pattern.
- Both RSI and MACD are constructive.
- Long – Entry 0.795, Target 0.83, Stop 0.775
CSOP Hang Seng TECH Index Daily (-2x) Inverse Product (7552 HK)
- Shares gapped up and closed near intraday high with an increase in volume.
- MACD shows an early sign of turnaround, and RSI is constructive.
- Long – Entry: 12.8 (buy-stop) Target: 14.5, Stop: 11.0
CSOP Hang Seng Index Daily (-2x) Inverse Product (7500 HK)
- Shares gapped up and closed near intraday high with an increase in volume.
- MACD is about to turn positive, and RSI is constructive.
- Long – Entry: 6.80 (buy stop), Target: 7.35, Stop: 6.55
