Technical Analysis – 21 September 2022
United States | Singapore | Hong Kong
Dollar General Corporation (DG US)
- Shares edged up with decent volumes.The 5dEMA was about to cross the 20dEMA.
- MACD is positive, while RSI remains flat.
- Long – Entry 244.5, Target 253.6, Stop 240.0
CF Industries Holdings, Inc (CF US)
- Shares broke out of the recent downward channel and was poised to form a bullish flag pattern. The 5dEMA was about to cross the 20dEMA.
- MACD is about to turn positive, while RSI remains flat.
- Long – Entry 103.5 Target 112.5, Stop 100
Hour Glass Ltd (AGS SP)
- Shares gapped up and closed at an intraday high.
- MACD is about to turn positive, and RSI is turning downward.
- Long – Entry 2.38, Target 2.48 Stop 2.35
DBS Group Holdings Ltd (D05 SP)
- Shares gapped up and closed at a high since early May.
- Both MACD and RSI are constructive.
- Long – Entry 33.50 Target 33.94, Stop 33.28
MGM China Holdings Ltd (2282 HK)
- Shares broke out of the bullish flag pattern with a jump in volume. The 20dEMA was about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry: 4.30, Target: 4.60, Stop: 4.15
China Mengniu Dairy Company Limited (2319 HK)
- Share formed a double-bottom pattern. The 5dEMA was about the cross the 20dEMA.
- MACD is constructive, while RSI remains flat.
- Long – Entry: 33.6, Target: 35.6 Stop: 32.6
