Technical Analysis – 19 September 2022
United States | Singapore | Hong Kong
Allstate Corp (ALL US)
- Shares was poised to form a right shoulder in an inverse head-and-shoulder pattern.
- Both MACD and RSI are constructive.
- Long – Entry 128.0, Target 133.0, Stop 125.5
Visa Inc (V US)
- Shares pulled back to the support level of the range bound.
- Both MACD and RSI are negative
- Long – Entry 190.5 Target 210., Stop 185.0
Comfortdelgro Corporation Ltd (C52 SP)
- Shares closed at a two-week high with a jump in volume.
- MACD is positive, and RSI is turning upward.
- Long – Entry 1.38, Target 1.45 Stop 1.35
Raffles Medical Group Ltd (BSL SP)
- Shares edged up with the 20dEMA support.
- RSI is constructive, while MACD is negative.
- Long – Entry 1.37 Target 1.45, Stop 1.33
Hainan Meilan International Airport Co Ltd (357 HK)
- Shares closed at a one-month high with a jump in volume. The 5dEMA crossed above the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry: 19.5, Target: 21.5, Stop: 18.5
Samsonite International S.A. (1910 HK)
- Share closed at a high since mid-May 2019 on its weekly chart.
- Both MACD and RSI are constructive.
- Long – Entry: 19.5, Target: 22.5 Stop: 18.0
