Technical Analysis – 17 March 2023
United States | Singapore | Hong Kong
Roblox Corp. (RBLX US)
- Shares rose higher above the 5dEMA, with constructive volume over the 4 days. 20dEMA just crossed the 200dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 45.0 Target 50.0 Stop 42.5
Pinterest, Inc. (PIN US)
- Shares rose higher today above the 200dEMA, with constructive volume over the past 3 days.
- MACD just turned positive, RSI is constructive.
- Long – Entry 28.5 Target 26.5 Stop 25.5
Sembcorp Marine Ltd (SMM SP)
- Shares formed a hammer pattern and closed above the 5dEMA with an increase in volume.
- RSI is constructive, while MACD is about to turn positive.
- Long – Entry 0.107, Target 0.115, Stop 0.103
Wilmar International Ltd (WIL SP)
- Shares rose and closed above the 200dEMA with rising volume. The 5dEMA crossed the 50dEMA.
- Both RSI and MACD are constructive.
- Long – Entry 4.08, Target 4.24, Stop 4.00
Sinopharm Group Co. Ltd. (1099 HK)
- Shares closed at a 52 weeks high above the 5dEMA, with a surge in volume.
- MACD just turned positive, RSI is at an “overbought” level.
- Long – Entry 23.6, Target 25.4, Stop 22.7
China Resources Medical Holdings Com Ltd (1515 HK)
- Shares closed higher today above the 5wEMA with a surge in volume over the past weeks. 20wEMA just crossed the 200wEMA.
- MACD is positive, RSI is at an “overbought” level.
- Long – Entry 7.6, Target 8.4, Stop 7.2
