Technical Analysis – 18 May 2023
United States | Singapore | Hong Kong
Roblox Corp. (RBLX US)
- Shares closed above the 200dEMA, with constructive volume over the past 2 days. 5dEMA is about to cross the 200dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 41.5, Target 45.5, Stop 39.5
Snap Inc. (SNAP US)
- Shares closed higher above the 20dEMA, with constructive volume over the past 3 days. 5dEMA is about to cross the 20dEMA.
- MACD just turned positive, RSI is constructive.
- Long – Entry 9.30, Target 10.3, Stop 8.80
SIA Engineering Co Ltd (SIE SP)
- Shares closed at a 3-months high above the 5dEMA with a rise in volume. The 20dEMA crossed the 50dEMA.
- Both RSI and MACD are constructive.
- Long – Entry 2.34, Target 2.50, Stop 2.26
Beng Kuang Marine Ltd (BKM SP)
- Shares closed above the 5dEMA with an increase in volume.
- RSI is constructive, while MACD is negative.
- Long – Entry 0.092, Target 0.100, Stop 0.088
CSSC Offshore & Marine Engineering Group Co. Ltd. (317 HK)
- Shares closed at a 52-week high, with a surge in volume.
- MACD just turned positive, RSI is constructive.
- Long – Entry 12.0, Target 13.0, Stop 11.5
Hengan International Group Co. Ltd. (1044 HK)
- Shares closed above the 50dEMA, with constructive volume over the past 3 days. 5dEMA just crossed the 20dEMA.
- MACD just turned positive, RSI is constructive.
- Long – Entry 36.0, Target 39.0, Stop 34.5
