Technical Analysis – 18 November 2022
United States | Singapore | Hong Kong
SunPower Corporation (SPWR US)
- Shares closed at a one-month high and formed a bullish flag pattern.
- Both MACD and RSI are constructive.
- Long – Entry 23.5, Target 27.0 Stop 21.8
Sunrun Inc (RUN US)
- Shares closed at a one-month high and formed a bullish flag pattern.
- Both MACD and RSI are constructive.
- Long – Entry 31.5, Target 35.0, Stop 29.8
SembCorp Industries Limited (U96 SP)
- Shares rebounded from the 200dEMA and closed above the 50dEMA with a jump in volume.
- MACD starts to turn positive, and RSI is turning upward.
- Long – Entry 3.00, Target 3.20, Stop 2.90
DBS Group Holdings Ltd (D05 SP)
- Shares closed at a high since April with an increase in volume.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry 35.50, Target 36.25, Stop 35.15
Hainan Meilan International Airport Co. Ltd (357 HK)
- Shares continued to trend upward above the 5dEMA.
- Both MACD and RSI are constructive.
- Long – Entry: 19 Target: 17.5, Stop: 16.8
HSBC Holdings plc (5 HK)
- Shares continued to trend upward above the 5dEMA.
- Both MACD and RSI are constructive.
- Long – Entry: 44.35, Target: 45.45 Stop: 43.80
