Technical Analysis – 15 November 2022
United States | Singapore | Hong Kong
International Game Technology PLC (IGT US)
- Shares formed a bullish flag pattern. The 20dEMA crossed above the 200dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 23.8, Target 25.8, Stop 22.8
Netflix, Inc (NFLX US)
- Shares closed above the 200dEMA with an increase in volume.
- MACD is about to turn positive, and RSI is constructive.
- Long – Entry 296, Target 330, Stop 279
UOL Group Limited (U14 SP)
- Shares closed at a two-month high with an increase in volume. The 5dEMA crossed above the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 6.70, Target 6.94, Stop 6.58
Thai Beverage PCL (Y92 SP)
- Shares closed at a one-month high with an increase in volume. The 5dEMA crossed the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 0.610, Target 0.640, Stop 0.595
China Resources Cement Holdings Ltd (1313 HK)
- Shares gapped up and closed at a one-month high above the 50dEMA with a jump in volume.
- Both MACD and RSI are constructive.
- Long – Entry: 3.85 Target: 4.40, Stop: 3.58
China CITIC Bank Corporation Limited (998 HK)
- Shares closed at a two-month high with a jump in volume. The 5dEMA was about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry: 3.20, Target: 3.40 Stop: 3.10
