Technical Analysis – 20 July 2022
United States | Singapore | Hong Kong
Texas Instruments Incorporated (TXN US)
- Shares closed at a one-month high and above the 50dEMA with a jump in volume. The 5dEMA was about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 164.5, Target 172.0, Stop 160.5
Home Depot Inc (HD US)
- Shares continued to trend up. The stock held up well above the 5dEMA. The 5dEMA had crossed above the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 298, Target 310, Stop 292
Lendlease REIT (LREIT SP)
- Broke out of consolidation recently and continued on uptrend with close above 8/21 day EMA. Golden cross.
- RSI constructive.
- Long – Entry 0.805, Target 0.855, Stop 0.785
Singapore Airlines Ltd (SIA SP)
- Breakout after consolidation since early June. Increasing volume with close above 8/21 day EMA indicates sustained buying sentiment. Tight stop-loss in case of feigned breakout.
- RSI constructive.
- Long – Entry 5.35, Target 5.66, Stop 5.24
Nongfu Spring Co Ltd (9633 HK)
- Shares slowly edged up along with the upward 5d EMA.
- RSI is constructive, while MACD remains negative.
- Long – Entry: 45.5, Target: 47.5, Stop: 44.5
China Feihe Ltd (6168 HK)
- Shares resumed an uptrend with a jump in volume. The 5d EMA crossed above the 20d EMA.
- RSI is constructive, and MACD is about to turn positive.
- Long – Entry: 8.5, Target: 9.1, Stop: 8.2
