Technical Analysis – 14 June 2023
United States | Singapore | Hong Kong
Macy’s (M US)
- Shares closed above the 50dEMA, with constructive volume.
- MACD is positive, RSI is constructive.
- Long – Entry 16.10, Target 18.10, Stop 15.10
Kohls Corp. (KSS US)
- Shares closed above the 5dEMA. 5dEMA recently crossed the 50dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 23.0, Target 26.0, Stop 21.5
UMS Holdings Ltd (UMSH SP)
- Shares closed above the 5dEMA with an incline in volume. The 5dEMA crossed the 50dEMA.
- Both RSI and MACD are constructive.
- Long – Entry 1.06, Target 1.12, Stop 1.03
Frencken Group Ltd (FRKN SP)
- Shares closed above the 5dEMA with a rise in volume. The 5dEMA crossed the 20dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 0.93, Target 1.01, Stop 0.89
Sensetime Group, Inc. (20 HK)
- Shares closed above the 20dEMA, with a surge in volume. 5dEMA just crossed the 20dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 2.30, Target 2.60, Stop 2.15
Chinasoft International Ltd. (354 HK)
- Shares closed above the 50dEMA, with a surge in volume. 5dEMA just crossed the 20dEMA, and is about to cross the 50dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 5.20, Target 5.80, Stop 4.90
