Technical Analysis – 15 May 2023
United States | Singapore | Hong Kong
Enphase Energy, Inc. (ENPH US)
- Shares closed higher above the 5dEMA, with a surge in volume.
- MACD is about to turn positive, RSI is turning constructive.
- Long – Entry 164, Target 180, Stop 156
Livent Corporation. (LTHM US)
- Shares closed higher above the 5dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 25.3, Target 27.3, Stop 24.3
CapitaLand Ascott Trust (ART SP)
- Shares closed at a 2 month high above the 5dEMA with an increase in volume.
- RSI is constructive, while MACD is negative.
- Long – Entry 1.08, Target 1.14, Stop 1.05
First Resources Ltd (FR SP)
- Shares tested the 5dEMA and closed slightly below it with a rise in volume.
- RSI is positive, while MACD is negative.
- Long – Entry 1.37, Target 1.50, Stop 1.31
China Power International Develop (2380 HK)
- Shares closed above the 5dEMA, with a surge in volume. 5dEMA just crossed the 50dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 3.25, Target 3.55, Stop 3.10
Huadian Power International Corp. (1071 HK)
- Shares closed above the 5dEMA with a surge in volume.
- MACD is about to turn positive, RSI is constructive.
- Long – Entry 3.85, Target 4.15, Stop 3.70
