Technical Analysis – 12 October 2022
United States | Singapore | Hong Kong
Kraft Heinz Co (KHC US)
- Shares closed above the 20dEMA with an increase in volume. The 5dEMA was about to cross the 20dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 34.5, Target 35.8, Stop 33.9
Avis Budget Group Inc (CAR US)
- Shares closed aboved the 200dEMA with decent volumes. The 5dEMA was about to cross above the 200dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 178 Target 194, Stop 172
DBS Group Holdings Ltd (D05 SP)
- Shares had been trending upward and held up well above the 50dEMA.
- MACD is negative, and RSI is flat.
- Long – Entry 33.1, Target 33.8 Stop 32.8
Dyna-Mac Holdings Ltd (NO4 SP)
- Shares pulled back and closed above the 50dEMA. The 5dEMA was about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 0.190 Target 0.21, Stop 0.180
China Resources Power Holdings Co. Ltd (836 HK)
- Shares closed above the 5dEMA with a jump in volume.
- MACD is about to turn positive, and RSI rebounds from an oversold level.
- Long – Entry: 12.7, Target: 13.5, Stop: 12.3
Huaneng Power International, Inc (902 HK)
- Shares closed near an intraday high with a jump in volume.
- MACD is about to turn positive, and RSI starts turning upward.
- Long – Entry: 3.60, Target: 3.80 Stop: 3.50
