Technical Analysis – 17 April 2023
United States | Singapore | Hong Kong
Estee Lauder Companies, Inc. (EL US)
- Shares closed higher above the 200dEMA, with constructive volume over the past week.
- MACD is positive, RSI is constructive.
- Long – Entry 252, Target 272, Stop 242
Marriott International, Inc. (MAR US)
- Shares closed higher above the 50dEMA, with constructive volume over the past 2 days.
- MACD is positive, RSI is constructive.
- Long – Entry 167, Target 177, Stop 162
Yangzijiang Shipbuilding (Holdings) Ltd. (YZJSGD SP)
- Shares rose above the 20dEMA, with constructive volume over the past 2 days.
- MACD is positive, RSI is turning constructive.
- Long – Entry 1.22, Target 1.30, Stop 1.18
Jardine Matheson Holdings Ltd. (JM SP)
- Shares closed slightly below the 50dEMA.
- Both RSI and MACD are constructive.
- Long – Entry 49.2, Target 51.2, Stop 48.2
Xinyi Glass Holdings Ltd. (868 HK)
- Shares closed higher above the 50dEMA, with constructive volume over the past week. 5dEMA just crossed the 20dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 14.50, Target 15.90, Stop 13.80
Shougang Fushan Resources Group Ltd. (639 HK)
- Shares closed above the 50dEMA and 200dEMA with a surge in volume.
- MACD is positive, RSI is constructive.
- Long – Entry 2.60, Target 2.80, Stop 2.50
