Technical Analysis – 13 July 2023
United States | Singapore | Hong Kong
Barrick Gold Corp. (GOLD US)
- Shares closed higher above the 50dEMA with a surge in volume. 5dEMA just crossed the 20dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 17.3, Target 18.9, Stop 16.5
Sandstorm Gold Ltd. (SAND US)
- Shares closed above the 200dEMA, with a surge in volume. 5dEMA just crossed the 50dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 5.50, Target 6.00, Stop 5.25
Rex International Holding Ltd (REXI SP)
- Shares closed above the 50dEMA with a surge in volume. The 5dEMA crossed the 50dEMA.
- Both RSI and MACD are constructive.
- Long – Entry 0.173, Target 0.187, Stop 0.166
RH PetroGas Ltd (RHP SP)
- Shares closed above the 200dEMA with an incline in volume. The 5dEMA crossed the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 0.196, Target 0.210, Stop 0.189
Maoyan Entertainment (1896 HK)
- Shares closed higher above the 200dEMA with a surge in volume. 5dEMA just crossed the 50dEMA and is about to cross the 200dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 8.0, Target 9.0, Stop 7.5
Nagacorp Ltd. (3918 HK)
- Shares closed above the 20dEMA with a surge in volume. 5dEMA just cross the 20dEMA.
- MACD just turned positive, RSI is constructive.
- Long – Entry 4.70, Target 5.10, Stop 4.50
