Technical Analysis – 14 September 2022
United States | Singapore | Hong Kong
Solaredge Technologies Inc (SEDG US)
- Shares formed a bullish flag pattern.
- MACD is constructive, while RSI shows no momentum.
- Long – Entry 310, Target 330, Stop 300
American States Water Co (AWR US)
- Shares closed higher with a jump in volume. The 5dEMA crossed above the 20dEMA.
- MACD is constructive, while RSI shows no momentum.
- Long – Entry 85.0 Target 90.0, Stop 82.5
Capitaland Investment Ltd (9CI SP)
- Shares formed a double-bottom pattern and closed above the 20dEMA and 200dEMA with an increase in volume.
- MACD is positive, and RSI is turning upward.
- Long – Entry 3.72, Target 3.90, Stop 3.63
Genting Singapore Ltd (G13 SP)
- Shares closed above the 5dEMA, 20dEMA, 50dEMA, and 200dEMA with a jump in volume.
- MACD is about to turn positive, and RSI is turning upward.
- Long – Entry 0.78 Target 0.82, Stop 0.76
Zhejiang Expressway Co Ltd (576 HK)
- Shares gapped up and closed above the 50dEMA with a jump in volume.
- Both MACD and RSI are constructive.
- Long – Entry: 6.25, Target: 6.60, Stop: 6.10
People’s Insurance Company Group of China Ltd (1339 HK)
- Shares formed a cup and handle pattern with rising volumes.
- Both MACD and RSI are constructive.
- Long – Entry: 2.45, Target: 2.55 Stop: 2.40
