Technical Analysis – 12 December 2022
United States | Singapore | Hong Kong
Chewy Inc (CHWY US)
- Shares closed above the 5dMEA with rising volumes. The 20dEMA was about to cross the 200dEMA.
- RSI is constructive, while MACD remains negative.
- Long – Entry 43 Target 47.5 Stop 40.8
Vale SA (VALE US)
- Shares closed at a high since June with an increase in volume. The 50dEMA was about to cross the 200dEMA.
- MACD and RSI are constructive.
- Long – Entry 16.8, Target 18.8 , Stop 15.8
Hongkong Land Holdings Limited (H78 SP)
- Shares closed at a two-month high with rising volumes.
- MACD and RSI are constructive.
- Long – Entry 4.50, Target 4.70, Stop 4.40
SATS (S58 SP)
- Shares closed at a high since October with a jump in volume. The 5dEMA was about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 3.00, Target 3.15, Stop 2.93
Tingyi (Cayman Islands) Holding Corp (322 HK)
- Shares closed above the 200dEMA. The 20dEMA was about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 13.55, Target 14.24, Stop 13.20
Meituan (3690 HK)
- Shares closed at a high since August with an increase in volume. The 5dEMA crossed above the 200dEMA.
- Both MACD and RSI are constructive.
- Long – Entry: 185, Target: 205 Stop: 175
