Technical Analysis – 15 September 2022
United States | Singapore | Hong Kong
Range Resources Corp (RRC US)
- Shares was poised to form a right shoulder in a head-and-shoulder pattern.
- MACD is about to turn positive, and RSI is turning upward.
- Long – Entry 32.5, Target 34.0, Stop 31.8
Blink Charging Co (BLNK US)
- Shares was poised to form an inverse head-and-shoulder pattern. The stock closed slightly above the 200dEMA with an increase in volume.
- Both MACD and RSI are constructive.
- Long – Entry 22.5 Target 23.6, Stop 22.0
Raffles Medical Group Ltd (BSL SP)
- Shares formed a bullish engulfing pattern with a jump in volume.
- RSI is constructive, while MACD is negative.
- Long – Entry 1.38, Target 1.50, Stop 1.32
Sats Ltd (S58 SP)
- Shares edged up from the lower bound of the upward channel with rising volumes.
- MACD starts turning positive, while RSI remains flat.
- Long – Entry 4.05 Target 4.21, Stop 3.97
China State Construction International Holdings Limited (3311 HK)
- Shares held up well of the bullish flag pattern.
- RSI is constructive, while MACD is negative.
- Long – Entry: 9.20, Target: 9.90, Stop: 8.90
Haier Smart Home Co Ltd (6690 HK)
- Shares touched the lower bound of the upward channel and rebounded.
- Both MACD and RSI are constructive.
- Long – Entry: 25.5, Target: 26.5 Stop: 25.0
