KGI Research Singapore

Singapore's leading broker offering Futures, FX, Equities and Wealth Management.

Technical Analysis – 16 May 2023

United States | Singapore | Hong Kong

Micron Technology, Inc. (MU US)

  • Shares closed higher above the 5dEMA, with a surge in volume.
  • MACD just turned positive, RSI is constructive.
  • Long Entry 64, Target 70, Stop 61

Seagate Technology Holdings plc (STX US)

  • Shares closed higher above the 50dEMA, with constructive volume over the past 2 days. 5dEMA just crossed the 20dEMA.
  • MACD just turned positive, RSI is constructive.
  • Long Entry 61, Target 67, Stop 58

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Hongkong Land Holdings Ltd (HKL SP)

  • Shares closed at a 2-month high above the 5dEMA with rising volume.
  • Both RSI and MACD are constructive.
  • Long Entry 4.50, Target 4.80, Stop 4.35

Best World International Ltd (BEST SP)

  • Shares rose above the 5dEMA with a rise in volume.
  • RSI is positive, while MACD is negative.
  • Long Entry 1.95, Target 2.10, Stop 1.88

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Tianqi Lithium Corp. (9696 HK)

  • Shares closed higher with a surge in volume. 5dEMA just crossed the 50dEMA.
  • MACD is positive, RSI is constructive.
  • Long – Entry 59.5, Target 64.5, Stop 57.0

Ganfeng Lithium Group Co. Ltd. (1772 HK)

  • Shares closed higher with a surge in volume. 20dEMA is about to cross the 50dEMA.
  • MACD is positive, RSI is constructive.
  • Long – Entry 58.0, Target 63.0, Stop 55.5

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