Technical Analysis – 17 January 2023
United States | Singapore | Hong Kong
Clorox Co (CLX US)
- Shares closed above the 200dEMA with rising volumes. The 5dEMA crossed the 20dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 144.6 Target 146.8 Stop 143.5
Solaredge Technologies Inc (SEDG US)
- Shares closed above the 5dEMA with an increase in volume.
- Both MACD and RSI are constructive.
- Long – Entry 310.0, Target 319.0, Stop 305.5
China Aviation (G92 SP)
- Shares closed at a 52-weeks high even closer to pre-pandemic levels, with a surge in volume over the past week.
- MACD is positive, RSI is at an overbought level.
- Long – Entry 1.00, Target 1.15, Stop 0.93
Propnex (OYY SP)
- Shares closed above the 200dEMA line.
- MACD has just turned positive, RSI is constructive.
- Long – Entry 1.54, Target 1.68, Stop 1.47
GF Securities Co Ltd (1776 HK)
- Shares closed at a 52-week high with a jump in volume.
- MACD is constructive, while RSI remains at an overbought level.
- Long – Entry 12.7, Target 14.3, Stop 12.0
Ganfeng Lithium Group Co Ltd (1772 HK)
- Shares closed at a one0month high with an increase in volume.
- Both MACD and RSI are constructive.
- Long – Entry: 64.5, Target: 68.5 Stop: 62.5
