Technical Analysis – 16 September 2022
United States | Singapore | Hong Kong
Trip.com Group Ltd (TCOM US)
- Shares was poised to form a right shoulder in a head-and-shoulder pattern.
- MACD is turning positive, and RSI is turning upward.
- Long – Entry 26.0, Target 27.2, Stop 25.7
Blink Charging Co (CHPT US)
- Shares rallied with rising volumes. The 20dEMA crossed above the 200dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 18.5 Target 20.5, Stop 17.5
Yangzijiang Shipbuilding Holdings Ltd (BS6 SP)
- Shares was poised to form a bullish flag pattern.
- Both MACD and RSI are constructive.
- Long – Entry 0.965, Target 1.010, Stop 0.950
Uni-Asia Group Ltd (CHJ SP)
- Shares edged up and closed above the 200dEMA with rising volumes.
- MACD starts turning positive, and RSI is turning upward.
- Long – Entry 1.10 Target 1.14, Stop 1.08
Postal Savings Bank of China Co Ltd (1658 HK)
- Shares closed at almost a one-month high with an increase in volume. The 5dEMA crossed above the 20dEMA.
- Both MACD and RSI are constructive.
- Long – Entry: 4.85, Target: 5.00, Stop: 4.79
China Merchants Securities Co Ltd (6099 HK)
- Share closed at a two-month high. The 5dEMA crossed the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry: 7.50, Target: 7.90 Stop: 7.30
