Technical Analysis – 2 September 2022
United States | Singapore | Hong Kong
FirstEnergy Corp (FE US)
- Shares touched the lower bound of the upward channel.
- RSI starts to turn upward, while MACD remains negative.
- Long – Entry 39.8, Target 41.2, Stop 39.1
PG&E Corporation (PCG US)
- Shares formed a bullish flag pattern with rising volumes.
- RSI is constructive, while MACD is still negative.
- Long – Entry 12.2 Target 13.0, Stop 11.8
Raffles Medical Group Ltd (BSL SP)
- Shares closed at a ten-month high with a surge in volume. The stock formed a bullish flag pattern.
- MACD starts to turn positive, while RSI is at an overbought level.
- Long – Entry 1.40, Target 1.50, Stop 1.35
Keppel Corporation Limited (BN4 SP)
- Shares closed at 4-year+ high with an increase in volume on a weekly basis.
- Both MACD and RSI are constructive.
- Long – Entry 7.20, Target 7.80, Stop 6.90
Sands China Ltd (1928 HK)
- Shares formed a bullish flag pattern with rising volumes. The 5dEMA was about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry: 31.5, Target: 33.9, Stop: 30.3
Nayuki Holdings Lt (2150 HK)
- Shares jumped and broke out of the consolidation channel with a surge in volume.
- Both MACD and RSI are constructive.
- Long – Entry: 5.80, Target: 6.50 Stop: 5.45
