Technical Analysis: 21 March 2022

United States | Singapore | Hong Kong

United States

Home Depot (HD US)

Shares are forming higher highs and higher lows after bottoming out at 300 in late Feb.
Both MACD and RSI are constructive.
Long – Entry 340, Target 368, Stop 327

Crowdstrike Holdings (CRWD US)

Shares are rising on higher than average trading volumes
Both MACD and RSI are constructive.
Long – Entry 208, Target 252, Stop 186

SINGAPORE

AEM (AEM SP)

Shares managed to close above the 200d EMA of 4.38 last Friday, which is a positive signal. Shares are also forming higher highs and higher lows after bottoming out at around 4.0 in early March.
Both MACD and RSI are on a positive uptrend.
Long – Entry 4.40, Target 4.73 Stop 4.23

UOL (UOL SP)

Double bottom recently at around 6.77
MACD recently had a bullish crossover while RSI remains on a positive trend
Long – Entry 6.96, Target 7.34, Stop 6.77

HONG KONG

Yankuang Energy Group Co Ltd (1171 HK)

Shares went back up within the upward channel. The stock closed at above the 20dEMA with a jump in volume.
MACD starts to turn around, and RSI shows a V-shape rebound.
Long – Entry: 20.5 Target: 22.7, Stop: 19.4

China Modern Dairy Holdings Ltd (1117 HK)

Shares formed a bullish engulfing candlestick with a surge in volume.
MACD starts to turn around, but RSI shows a V-shape rebound from an oversold level.
Long – Entry: 1.27, Target: 1.42, Stop: 1.20

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