Technical Analysis – 13 December 2022
United States | Singapore | Hong Kong
China Eastern Airlines Corporation Ltd (CEA US)
- Shares closed at a high since June 2021. The 50dEMA rose above the 200dEMA.
- RSI is at an overbought level and MACD is constructive.
- Long – Entry 22.2 Target 23.5 Stop 21.6
Boeing Company (BA US)
- Shares closed at a high since April with an increase in volume. The 50dEMA crossed the 200dEMA.
- RSI is constructive, while MACD remains negative.
- Long – Entry 184.0, Target 189.8 , Stop 181.1
ISDN Holdings Ltd (I07 SP)
- Shares closed at a high since October with rising volumes. The 5dEMA crossed the 50dEMA.
- MACD and RSI are constructive.
- Long – Entry 0.420, Target 0.445, Stop 0.408
Wilmar International Limited (F34 SP)
- Shares closed at a high since August with a jump in volume. The 5dEMA was about to cross the 200dEMA.
- RSI is constructive, while MACD remains negative.
- Long – Entry 4.10, Target 4.32, Stop 3.99
Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd (874HK)
- Shares closed at a high since July last year with a jump in volume.
- Both MACD is constructive and RSI is at an overbought level.
- Long – Entry 24.90, Target 26.20, Stop 24.25
Shanghai Fosun Pharmaceutical (Group) (2196 HK)
- Shares passed the 5dEMA and headed towards the 200dEMA, and closed with an increase in volume.
- RSI is constructive, while MACD remains negative.
- Long – Entry: 26.5, Target: 28.9 Stop: 25.3
