Technical Analysis – 12 January 2023
United States | Singapore | Hong Kong
Livent Corp (LTHM US)
- Shares gapped up and closed near an intraday high with an increase in volume.
- Both MACD and RSI are constructive.
- Long – Entry 22.5 Target 25.7 Stop 20.9
Nucor Corporation (NUE US)
- Shares closed at a 52-week high with an increase in volume.
- Both MACD and RSI are constructive.
- Long – Entry 154.0, Target 164.0, Stop 149.0
Nanofilm Technologies International Ltd. (MZH SP)
- Shares closed above the 50dEMA line, with constructive volume over the past 4 days.
- MACD has just turned positive, and RSI is constructive.
- Long – Entry 1.50, Target 1.74, Stop 1.38
Singapore Exchange (S68 SP)
- Shares closed above the 50dEMA line, and 5dEMA just crossed the 20dEMA.
- MACD has just turned positive, and RSI is constructive.
- Long – Entry 9.06, Target 9.36, Stop 8.91
Zoomlion Heavy Industry Science and Technology Co., Ltd. (1157 HK)
- Shares closed above the 200dEMA with an increase in volume.
- MACD starts turning positive, and RSI is constructive.
- Long – Entry 4.00, Target 4.41, Stop 3.80
Yankuang Energy Group Co. Ltd. (1171 HK)
- Shares jumped and closed at a high since October 2021 with a surge in volume.
- MACD starts turning positive, and RSI is constructive.
- Long – Entry: 25.8, Target: 29.1 Stop: 24.2
