Technical Analysis – 15 June 2023
United States | Singapore | Hong Kong
Nike Inc (NKE US)
- Shares closed above the 20dEMA with an increase in volume.
- Both MACD and RSI are constructive.
- Long – Entry 110, Target 120, Stop 105
Estee Lauder Companies Inc (EL US)
- Shares closed above the 20dEMA with rising volume.
- MACD is positive, RSI is constructive.
- Long – Entry 191, Target 207, Stop 183
Banyan Tree Holdings (BTH SP)
- Shares closed at a one-month high above the 5dEMA with a surge in volume.
- Both RSI and MACD are constructive.
- Long – Entry 0.37, Target 0.41, Stop 0.35
Best World International Ltd (BEST SP)
- Shares closed above the 20dEMA with a jump in volume.
- Both MACD and RSI are constructive.
- Long – Entry 1.84, Target 2.00, Stop 1.76
Xinyi Energy Holdings Ltd. (3868 HK)
- Shares closed above the 5dEMA, with a surge in volume over the past 2 days. 5dEMA just crossed the 50dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 2.42, Target 2.62, Stop 2.32
AAC Technologies Holdings Inc. (2018 HK)
- Shares closed above the 200dEMA, with constructive volume over the past 2 days. 5dEMA just crossed the 50dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 18.2, Target 20.2, Stop 17.2
