Technical Analysis – 22 June 2023
United States | Singapore | Hong Kong
Alcoa Corp. (AA US)
- Shares closed higher today, with the 5dEMA about to cross the 20dEMA.
- MACD is positive, RSI is turning constructive.
- Long – Entry 34.5, Target 37.5, Stop 33.0
Freeport-McMoRan, Inc. (FCX US)
- Shares closed higher above the 5dEMA. 50dEMA is about to cross the 200dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 39.5, Target 43.5, Stop 37.5
Yangzijiang Shipbuilding Holdings Ltd (YZJSGD SP)
- Shares closed above the 5dEMA with an increase in volume.
- Both RSI and MACD are constructive.
- Long – Entry 1.33, Target 1.45, Stop 1.27
Dyna-Mac Holdings Ltd (DMHL SP)
- Shares closed above the 5wEMA with rising volume.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry 0.370, Target 0.400, Stop 0.355
Huadian Power International Corp. (1071 HK)
- Shares closed above the 20dEMA with a surge in volume.
- MACD is about to turn positive, RSI is constructive.
- Long – Entry 4.00, Target 4.30, Stop 3.85
Huaneng Power International Inc. (902 HK)
- Shares closed above the 20dEMA with constructive volume. 5dEMA just crossed the 50dEMA and is about to cross the 20dEMA.
- MACD is about to turn positive, RSI is constructive.
- Long – Entry 4.70, Target 5.10, Stop 4.50
