Technical Analysis – 18 August 2022
United States | Singapore | Hong Kong
Marathon Petroleum Corp (MPC US)
- Shares closed at a two-month high and held up well within the upward channel.
- Both MACD and RSI are constructive.
- Long – Entry 97.5, Target 105.0, Stop 94.0
EOG Resources, Inc (EOG US)
- Shares resumed an uptrend and edged up slowly.
- Both MACD and RSI are constructive.
- Long – Entry 113.0, Target 120.0, Stop 110.0
Nanofilm Technologies International Ltd (MZH SP)
- Shares closed at a one-month high with an increase in volume. The 5dEMA crossed above the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 2.30, Target 2.50, Stop 2.20
Jardine Cycle & Carriage Ltd (C07 SP)
- Share formed a cup and handle pattern on it weekly chart.
- Both MACD and RSI are constructive.
- Long – Entry 31.5, Target 33.3, Stop 30.5
Haier Smart Home Co Ltd (6690 HK)
- Shares closed near an intraday high. The stock formed a bottom and was poised to turn around.
- MACD is positive, and RSI is turnning upward.
- Long – Entry: 24.0, Target: 25.5, Stop: 23.3
China Galaxy Securities Company Ltd (6881 HK)
- Shares formed a bullish flag pattern. The 5dEMA crossed above the 20dEMA.
- Both MACD and RSI are constructive.
- Long – Entry: 4.10, Target: 4.30 Stop: 4.00
