Technical Analysis – 22 February 2023
United States | Singapore | Hong Kong
Campbell Soup Company (CPB US)
- Shares borke out of the consolidation and closed above the 50dEMA with a jump in volume.
- Both MACD and RSI are constructive.
- Long – Entry 52.8 Target 55.3 Stop 50.5
General Mills, Inc (GIS US)
- Shares tested the 50dEMA and closed above it with a jumo in volume.
- Both MACD and RSI are constructive.
- Long – Entry 80.0, Target 86.0, Stop 77.0
Uni-Asia Group Ltd. (CHJ SP)
- Shares closed at a high today since Sep 22, above the 5dEMA.
- MACD is positive, RSI is at an “overbought” level.
- Long – Entry 0.97, Target 1.00, Stop 0.95
The Hour Glass Ltd. (AGS SP)
- Shares closed at a high since Nov 22, above the 200dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 2.13, Target 2.19, Stop 2.10
China Coal Energy Co Ltd (1898HK)
- Shares closed above the 20dEMA with an increase iin volume. The 5dEMA is about to cross the 20dEMA.
- RSI is constructive and MACD is positive.
- Long – Entry 6.24, Target 6.78, Stop 5.97
China Shenhua Energy Co Ltd (1088 HK)
- Shares closed above the 20dEMA with a rise in volume. The 5dEMA crossed the 200dEMA.
- RSI is constructive, while MACD is about to turn positive.
- Long – Entry: 23.70, Target: 25.25 Stop: 22.93
