Technical Analysis – 20 January 2023
United States | Singapore | Hong Kong
Alphabet Inc (GOOG US)
- Shares closed at a one-month high above the 50dEMA with an increase in volume.
- Both MACD and RSI are constructive.
- Long – Entry 92.65 Target 95.15 Stop 91.40
Expedia Group Inc (EXPE US)
- Shares closed above the 5dEMA with rising volumes.
- MACD is constructive, while RSI is almost at an overbought level.
- Long – Entry 105.0, Target 109.5, Stop 102.8
Jardine Cycle & Carriage (C07 SP)
- Shares closed higher today, and the 5dEMA passed the 20dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 28.5, Target 31.0, Stop 27.3
Singpost (S08 SP)
- Shares closed at an all time high since October 2022, with a surge in volume.
- MACD is positive, RSI is at an overbought level.
- Long – Entry 0.56, Target 0.63, Stop 0.53
Kerry Logistics Network Ltd (636 HK)
- Shares closed at a one-month high above the 5dEMA with an increase in volume.
- Both MACD and RSI are constructive.
- Long – Entry 14.46, Target 14.82, Stop 14.28
Zhejiang Expressway Co Ltd (576 HK)
- Shares closed at a high since July 2022 with an increase in volume.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry: 6.65, Target: 6.80 Stop: 6.58
