Technical Analysis – 18 July 2022
United States | Singapore | Hong Kong
Advanced Micro Devices, Inc. (AMD US)
- Shares closed above the 20dEMA with high volumes.
- Both MACD and RSI are constructive.
- Long – Entry 80.5, Target 88.0, Stop 77.0
CrowdStrike Holdings, Inc. (CRWD US)
- Shares touched the lower bound of the upward channel.
- RSI starts to turn upward, while MACD turns negative.
- Long – Entry 175.0, Target 193.5, Stop 168.0
Singtel (ST SP)
- Cup and handle confirmed with uptrend established on 5 July. Last close above both 8/21 day EMA implies further buying momentum. Golden cross.
- RSI constructive.
- Long – Entry 2.65, Target 2.85, Stop 2.60
SATS (SATS SP)
- Appears to have broken out of the previous downtrend established in early June. Last close above 8/21 day EMA implies near term bullishness.
- RSI constructive.
- Long – Entry 4.02, Target 4.32, Stop 3.98
SITC International Holdings Co Ltd (1308 HK)
- Sharesf formed an inverted head-and-shoulder pattern with rising volumes. The 5dEAM was about to cross the 20dEMA.
- MACD is constructive, and RSI starts to turn upward.
- Long – Entry: 23.5, Target: 25.1, Stop: 22.7
BYD Company Limited (1211 HK)
- Shares formed an island reversal pattern with rising volumes.
- RSI turns upward, while MACD remains negative.
- Long – Entry: 290, Target: 320, Stop: 275
