Technical Analysis – 19 May 2022
United States | Singapore | Hong Kong
Exxon Mobil Corp (XOM US)
- Shares hit a new 52-week high and pulled back on the weekly chart. The uptrend was still intact.
- Both MACD and RSI are constructive.
- Long – Entry 88.0, Target 95.0, Stop 84.5
Marathon Oil Corporation (MRO US)
- Shares remained range bound within the upward channel.
- Both MACD and RSI are constructive.
- Long – Entry 25.5, Target 29.0, Stop 24.0
Keppel Corporation Limited (BN4 SP)
- Shares closed near an intraday high with a jump in volume. The stock has been holding up well within the upward channel.
- MACD starts to turn around, and RSI is constructive.
- Long – Entry 6.70, Target 7.00, Stop 6.55
DFI Retail Group Holdings Ltd (D01 SP)
- Shares gapped up and broke out the consolidation level with an increase in volume.
- MACD starts to turn positive, and RSI is constructive.
- Long – Entry 2.80, Target 3.00, Stop 2.70
Yadea Group Holdings Ltd (1585 HK)
- Shares broke the previous resistance level on higher-than-average trading volumes.
- RSI is currently at overbought levels and shares might experience some pullback. However, MACD has turnaround and is constructive.
- Long – Entry: 12.94 Target: 14.24, Stop: 12.08
Techtronic Industries Co (669 HK)
- Shares are forming higher highs and higher lows and closed above the 5dMA yesterday.
- Shares filled the previous gap down.
- Both RSI and MACD are constructive.
- Long – Entry: 102.7, Target: 110.6, Stop: 98.1
