Technical Analysis – 12 May 2023
United States | Singapore | Hong Kong
Netflix, Inc. (NFLX US)
- Shares closed higher above the 5dEMA, with constructive volume over the past 4 days.
- MACD just turned positive, RSI is constructive.
- Long – Entry 342, Target 366, Stop 330
Roku, Inc. (ROKU US)
- Shares closed higher above the 5dEMA.
- MACD just turned positive, RSI is turning constructive.
- Long – Entry 56.5, Target 61.5, Stop 54.0
Rex International Holding (REXI SP)
- Shares closed higher with constructive volume over the past week.
- RSI just turned positive, while MACD is constructive.
- Long – Entry 0.18, Target 0.20, Stop 0.17
Jardine Matheson Holdings Ltd. (JM SP)
- Shares closed above the 5dEMA with a surge in volume over the past 2 days. 20dEMA is about to cross the 50dEMA.
- RSI is constructive, MACD is positive.
- Long – Entry 50.4, Target 53.4, Stop 48.9
China Resources Power Holdings Co. (836 HK)
- Shares closed at a 52-week high, with a surge in volume.
- MACD is positive, RSI is constructive.
- Long – Entry 18.6, Target 20.6, Stop 17.6
Tianneng Power International Ltd. (819 HK)
- Shares closed above the 5dEMA with constructive volume over the past 2 days.
- MACD just turned positive, RSI is constructive.
- Long – Entry 10.7, Target 11.7, Stop 10.2
