KGI Research Singapore

Singapore's leading broker offering Futures, FX, Equities and Wealth Management.

Technical Analysis – 11 December 2024

United States | Singapore | Hong Kong | Earnings

Airbnb Inc (ABNB US) A graph of stock market Description automatically generated with medium confidence


  • Shares closed above the 5dEMA with rising volume.

  • RSI is constructive while MACD is about to turn positive.
  • Long – Entry 137.8 Target 148.6, Stop 132.4
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Alphabet Inc (GOOG US)

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  • Shares closed at a 4-months high above the 5dEMA with an increase in volume.

  • RSI is constructive and MACD is positive.
  • Long – Entry 181 Target 193 Stop 175

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Seatrium Ltd (SMM SP)

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  • Shares closed above the 5dEMA with rising volume.

  • RSI is constructive and MACD is positive.
  • Long – Entry 2.03, Target 2.15, Stop 1.97
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Sembcorp Industries Ltd (SCI SP)

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  • Shares closed at a 9-month high above the 5wEMA.

  • Both RSI and MACD are constructive.
  • Long – Entry 5.64 Target 6.00, Stop 5.46

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China Shenhua Energy Co Ltd (1088 HK)

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  • Shares closed at a 1-month high above the 5dEMA. The 20dEMA is about to cross the 50dEMA.

  • RSI is constructive and MACD is positive.
  • Long – Entry 34.6, Target 37.0, Stop 33.4
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Zoomlion Heavy Industry Science and Technology Co Ltd (1157 HK)


  • Shares closed at a 1-month high above the 5dEMA with an increase in volume.

  • RSI is constructive and MACD is positive.
  • Long – Entry 5.6, Target 6.0, Stop 5.4

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GameStop Corp (GME)

  • 3Q25 Revenue: $0.86B, -20.4% YoY, miss estimates by $27.68M
  • 3Q25 Non-GAAP EPS: $0.06, beat estimates by $0.11
  • 4Q25 Guidance: No guidance provided.
  • Comment: GameStop’s Q3 revenue fell 20% to US$860mn, down from US$1.08bn last year, declining in-store spending amid a shift to online shopping. Despite the revenue drop, it reported earnings of US$0.06 per share beating expectations of a US$0.05 loss and posted a net income of US$17.4mn, compared to a US$3.1mn loss a year ago, supported by cost-cutting measures. Sales were US$417.4mn in hardware, US$271.8mn in software, and US$171.1mn in collectibles. The company continues to face challenges, including competition from online retailers like Amazon and eBay, reduced discretionary spending due to inflation, and a slow recovery in the gaming market. GameStop raised US$3bn this year from stock sales, while cash reserves increased to US$4.58bn from US$4.19bn in Q2. Looking ahead, we remain skeptical about a core business turnaround and believe that its stock performance is tied largely to meme stock enthusiasm. 4Q25 recommended trading range: $25 to $30. Neutral Outlook.

游戏驿站 (GME)

  • 25财年第三季营收：8.6亿美元，同比跌幅20.4%，逊预期2,768万美元
  • 25财年第三季Non-GAAP每股盈利：0.06美元，超预期0.11美元。
  • 25财年第四季指引：不提供指引。
  • 短评：游戏驿站的第三季度收入下降了20%，从去年的10.8亿美元降至8.6亿美元，在人们转向网上购物的背景下，实体店支出下降。尽管营收下降，但在削减成本措施的支持下，该公司每股盈利0.06美元，超过了亏损0.05美元的预期，净利润为1740万美元，而去年同期亏损310万美元。硬件销售额为4.174亿美元，软件销售额为2.718亿美元，收藏品销售额为1.711亿美元。该公司继续面临挑战，包括来自亚马逊和eBay等在线零售商的竞争，通货膨胀导致的可自由支配支出减少，以及游戏市场复苏缓慢。游戏驿站今年通过股票销售筹集了30亿美元，现金储备从第二季度的41.9亿美元增加到45.8亿美元。展望未来，我们仍对核心业务的好转持怀疑态度，并认为其股价表现在很大程度上与对meme股的热情有关。25财年第四季度建议交易区间：20至30美元。中性前景。