Technical Analysis – 10 May 2023
United States | Singapore | Hong Kong
Snowflake Inc. (SNOW US)
- Shares closed above the 200dEMA. 5dEMA is about to cross the 200dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 162, Target 174, Stop 156
Samsara Inc. (IOT US)
- Shares closed higher above the 20dEMA. 5dEMA just crossed the 50dEMA.
- MACD is about to turn positive, RSI is constructive.
- Long – Entry 19.0, Target 21.0, Stop 18.0
Top Glove Corp Bhd (TOPG SP)
- Shares rose and closed above the 200dEMA with rising volume.The 5dEMA crossed the 20dEMA.
- RSI is positive, while MACD is about to turn positive.
- Long – Entry 0.31, Target 0.35, Stop 0.29
Civmec Ltd (CVL SP)
- Shares closed above the 5dEMA with an increase in volume.
- RSI is constructive and MACD is positive.
- Long – Entry 0.700, Target 0.730, Stop 0.685
Yankuang Energy Group Co. Ltd. (1171 HK)
- Shares closed at a high since Oct 2022, with a surge in volume over the past 2 days..
- MACD just turned positive, RSI is constructive.
- Long – Entry 28.3, Target 32.3, Stop 26.3
Cosco Shipping Ports Ltd. (1199 HK)
- Shares closed above the 200dEMA with a surge in volume. 5dEMA just crossed the 200dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 5.65, Target 6.15, Stop 5.40
