Technical Analysis – 16 November 2022
United States | Singapore | Hong Kong
Crocs, Inc (CROX US)
- Shares closed at a high since Feburary with a jump in volume.
- Both MACD and RSI are constructive.
- Long – Entry 96, Target 110, Stop 89
Microsoft Corp (MSFT US)
- Shares closed above the 50dEMA.The 5dEMA was about to cross the 50dEMA.
- MACD is constructive, while RSI is flat.
- Long – Entry 240.0, Target 251.5, Stop 235
Samudera Shipping Line Ltd (S56 SP)
- Shares closed at a two-month high with an increase in volume. The 20dEMA crossed above the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 0.95, Target 1.05, Stop 0.90
Frencken Group Limited (E28 SP)
- Shares closed at a two-month high with an increase in volume.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry 1.08, Target 1.20, Stop 1.02
Kerry Logistics Network Ltd (636HK)
- Shares gapped up and closed at a two-month high above the 50dEMA with an increase in volume. The 5dEMA crossed above the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry: 14.10 Target: 15.40, Stop: 13.45
WuXi Biologics (Cayman) Inc (2269 HK)
- Shares closed at a two-month high with an increase in volume. The 5dEMA was about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry: 53.0, Target: 63.3 Stop: 48.0
