Technical Analysis – 19 June 2023
United States | Singapore | Hong Kong
United States market is closed today in observance of a public holiday, Juneteenth. The market will reopen on 20 June, Tuesday.
SATS Ltd (SATS SP)
- Shares closed above the 50dEMA with a jump in volume. The 5dEMA crossed the 20dEMA.
- RSI is constructive and MACD is positive.
- Long – Entry 2.68, Target 2.90, Stop 2.57
Seatrium Ltd. (STM SP)
- Shares rose above the 5dEMA, with a surge in volume.
- MACD just turned positive, RSI is constructive.
- Long – Entry 0.130, Target 0.146, Stop 0.122
CMOC Group Ltd. (3993 HK)
- Shares closed above the 50dEMA, with constructive volume. 5dEMA just crossed the 50dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 4.60, Target 5.10, Stop 4.35
MMG Ltd. (1208 HK)
- Shares closed above the 50dEMA, with constructive volume. 5dEMA just crossed the 200dEMA and is about to cross the 20dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 2.55, Target 2.85, Stop 2.40
