Technical Analysis – 2 December 2022
United States | Singapore | Hong Kong
Under Armour, Inc (UA US)
- Shares edged up above the 5dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 8.70, Target 9.70 Stop 8.20
MGM Resorts International (MGM US)
- Shares edged up with an increase in volume.
- MACD is about to turn positive, and RSI is constructive.
- Long – Entry 37.15, Target 39.15, Stop 36.15
iFAST Corporation Ltd (AIY SP)
- Shares closed at a high since April with a jump in volume. The 20dEMA was about to cross the 200dEMA.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry 5.65, Target 6.25, Stop 5.35
UOL Group Limited (N04 SP)
- Shares closed above the 20dEMA and the 50dEMA a jump in volume. The 5dEMA crossed above both the 20dEMA.
- RSI is constructive, and MACD starts turning positive.
- Long – Entry 0.190, Target 0.205, Stop 0.183
Yancoal Australia Ltd (3668 HK)
- Shares continued to edge up. The 20dEMA crossed above the 200dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 30.0, Target 32.35, Stop 28.8
Shangri-La Asia Limited (69 HK)
- Shares closed at a two-month high with a decent volume. The5dEMA was about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry: 5.10, Target: 5.70 Stop: 4.70
