Technical Analysis – 10 November 2022
United States | Singapore | Hong Kong
Canadian Solar Inc (CSIQ US)
- Shares closed above the 200dEMA and formed a bullish rectangle pattern with rising volumes.
- Both MACD and RSI are constructive.
- Long – Entry 34.5, Target 39.0, Stop 31.8
CenterPoint Energy Inc (CNP US)
- Shares formed a bullish flag pattern with rising volumes.
- Both MACD and RSI are constructive.
- Long – Entry 28.00 Target 29.25, Stop 27.40
AEM Holdings Ltd (AWX SP)
- Shares edged up and closed above the 20dEMA with an increase in volume.
- Both MACD and RSI are constructive.
- Long – Entry 3.40, Target 3.65 Stop 3.30
Frencken Group Limited (E28 SP)
- Shares gapped up but closed near an intraday low. The 5dEMA crossed above the 20dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 0.905, Target 0.955 Stop 0.880
China Traditional Chinese Medicine Holdings Co Ltd (570 HK)
- Shares edged up with rising volumes.
- Both MACD and RSI are constructive.
- Long – Entry: 3.80 Target: 4.07, Stop: 3.67
Xinyi Glass Holdings Ltd (868 HK)
- Shares edged up and closed above the 50dEMA with an increase in volume. The 5dEMA was about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry: 12.5, Target: 13.58 Stop: 12.0
