Technical Analysis – 11 January 2023
United States | Singapore | Hong Kong
Moderna Inc (MRNA US)
- Shares broke out of the consolidation range and closed above the 5dEMA.
- MACD is about to turn positive, and RSI starts turning upward.
- Long – Entry 189.0 Target 210.0 Stop 179.0
UMS Holdings Ltd.
- Shares closed above the 5dEMA line, with constructive volume over the past 4 days.
- MACD has just turned positive, and RSI is looking constructive.
- Long – Entry 1.25, Target 1.35, Stop 1.20
China Sunsine Chemicals
- Share closed higher above the 200dEMA line.
- MACD is positive; RSI is at an overbought level.
- Long – Entry 0.45, Target 0.48, Stop 0.435
China Hongqiao Group Ltd (1378 HK)
- Shares closed at a high since August 2022 with a jump in volume.
- Both MACD and RSI are constructive.
- Long – Entry 8.10, Target 8.90, Stop 7.80
Sands China Ltd (1928HK)
- Shares closed at a high since July 2021 with an increase in volume.
- MACD starts turning positive, while RSI is at an overbought level.
- Long – Entry: 29.0, Target: 30.65 Stop: 28.2
