Technical Analysis – 17 November 2022
United States | Singapore | Hong Kong
Home Depot Inc (HD US)
- Shares formed a bullish flag pattern with rising volumes.
- Both MACD and RSI are constructive.
- Long – Entry 311, Target 328, Stop 303
Masco Corporation (MAS US)
- Shares formed a bullish flag pattern with rising volumes.
- Both MACD and RSI are constructive.
- Long – Entry 49.3, Target 52.3, Stop 47.8
First Resources Ltd (EB5 SP)
- Shares formed a bullish flag pattern. The 5dEMA crossed above the 200dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 1.65, Target 1.77, Stop 1.59
Keppel Corporation Limited (BN4 SP)
- Shares closed at a two-month high with an increase in volume.
- Both MACD and RSI are constructive.
- Long – Entry 7.30, Target 7.47, Stop 7.22
China Hongqiao Group Ltd (1378 HK)
- Shares gapped up and closed at a two-month high with an increase in volume.
- Both MACD and RSI are constructive.
- Long – Entry: 7.20 Target: 7.90, Stop: 6.85
Nine Dragons Paper (Holdings) Ltd (2689 HK)
- Shares closed at a two-month high with an increase in volume.
- Both MACD and RSI are constructive.
- Long – Entry: 7.66, Target: 6.26 Stop: 7.36
