Technical Analysis – 16 June 2022
United States | Singapore | Hong Kong
Boeing Co (BA US)
- Shares formed an island reversal pattern with a jump in volume.
- MACD shows a mixed-signal while RSI starts to turn downward.
- Long – Entry 130, Target 145, Stop 124
Crowdstrike Holdings Inc (CRWD US)
- Shares trended upward and formed high lows.
- MACD is constructive, and RSI starts to turn upward.
- Long – Entry 164, Target 174, Stop 159
Nio Inc (NIO SP)
- Shares closed above the 5dMA yesterday on higher-than-average trading volumes.
- Shares entered the next fibonacci trading range.
- RSI reversed its downtrend.
- Long – Entry 18.51, Target 19.67, Stop 17.88
MM2 Asia Ltd (MM2 SP)
- Shares closed above the 60dMA yesterday on higher-than-average trading volumes.
- Shares broke the previous resistance level.
- Both RSI and MACD are showing healthy uptrends.
- Long – Entry 0.059, Target 0.065, Stop 0.056
China International Capital Corp Ltd (3908 HK)
- Shares closed above the 50dEMA with a jump in volume.
- Both MACD and RSI are constructive.
- Long – Entry: 16.0, Target: 17.0, Stop: 15.5
China Resources Land Limited (1109 HK)
- Shares formed a bullish engulfing pattern with an increase in volume.
- Both MACD and RSI start to turn upward.
- Long – Entry: 33, Target: 35, Stop: 32
