Technical Analysis – 16 June 2023
United States | Singapore | Hong Kong
CrowdStrike Holdings, Inc. (CRWD US)
- Shares closed above the 5dEMA with a surge in volume. 50dEMA just crossed the 200dEMA.
- MACD is about to turn positive, RSI is constructive.
- Long – Entry 158, Target 174, Stop 150
Cloudflare, Inc. (NET US)
- Shares closed above the 5dEMA, and the 50dEMA just crossed the 200dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 69, Target 75, Stop 66
Wilmar International Ltd (WIL SP)
- Shares closed at a one-month high above the 200dEMA with an incline in volume. The 5dEMA crossed the 50dEMA.
- Both RSI and MACD are constructive.
- Long – Entry 4.05, Target 4.23, Stop 3.96
COSCO SHIPPING International Singapore Co Ltd (COS SP)
- Shares rose above the 20dEMA and closed above the 50dEMA. The 5dEMA crossed the 20dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 0.164, Target 0.179, Stop 0.156
Li Ning Co. Ltd. (2331 HK)
- Shares closed above the 20dEMA, with a surge in volume. 5dEMA is about to cross the 50dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 49.0, Target 54.0, Stop 46.5
XTEP International Holdings Ltd. (1368 HK)
- Shares closed above the 50dEMA, with a surge in volume. 5dEMA just crossed the 20dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 8.70, Target 9.70, Stop 8.20
