Technical Analysis – 13 June 2023
United States | Singapore | Hong Kong
Caesars Entertainment (CZR US)
- Shares closed at a high since Mar 2023, with constructive volume. 5dEMA is about to pass the 200dEMA, 20dEMA just crossed the 50dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 49.50, Target 53.50, Stop 47.50
MGM Resorts International (MGM US)
- Shares closed above the 50dEMA. 5dEMA just crossed the 20dEMA and is about to cross the 50dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 42.50, Target 45.50, Stop
ComfortDelGro Corp Ltd (CD SP)
- Shares closed above the 5dEMA.
- RSI turned positive, while MACD is negative.
- Long – Entry 1.04, Target 1.12, Stop 1.00
Singapore Airlines Ltd (SIA SP)
- Shares closed above the 5wEMA with a rise in volume.
- MACD is constructive, while RSI is at an overbought level
- Long – Entry 7.25, Target 7.80, Stop 6.98
China Resources Beer (Holdings) Co. (291 HK)
- Shares closed above the 20dEMA, with constructive volume over the past 2 days. 5dEMA is about to cross the 20dEMA.
- MACD is positive, RSI is turning constructive.
- Long – Entry 52.50, Target 56.50, Stop 50.50
Budweiser Brewing Company APAC Ltd. (1876 HK)
- Shares closed higher above the 20dEMA, with a surge in volume over the past 3 days. 5dEMA just crossed the 20dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 21.30, Target 23.30, Stop 20.30
