Technical Analysis – 20 September 2022
United States | Singapore | Hong Kong
PNC Financial Services Group Inc (PNC US)
- Shares formed a bullish engulfing pattern. The 5dEMA crossed above the 20dEMA and 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 164, Target 170, Stop 161
MGM Resorts International (MGM US)
- Shares formed a bullish engulfing pattern.
- Both MACD and RSI are constructive.
- Long – Entry 34.0 Target 36.0, Stop 33.0
Singapore Telecommunications Limited (Z74 SP)
- Shares held up well within the upward channel.
- MACD is about to turn negative, and RSI is turning downward.
- Long – Entry 2.65, Target 2.75 Stop 2.60
Sats Ltd (S58 SP)
- Shares consolidated at the lower bound of the upward channel.
- MACD is positive, while RSI is flat.
- Long – Entry 4.05 Target 4.21, Stop 3.97
China Resources Beer Holdings Co Ltd (291 HK)
- Shares edged up with rising volumes. The 5dEMA crossed above the 20dEMA.
- MACD is constructive, while RSI remains flat.
- Long – Entry: 53.8, Target: 56.5, Stop: 52.5
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: 20.0, Target: 22.5 Stop: 18.8
