Technical Analysis – 22 May 2023
United States | Singapore | Hong Kong
Netflix Inc (NFLX US)
- Shares closed above the 5dEMA and is poised to form a bullish flag pattern.
- Both MACD and RSI are constructive.
- Long – Entry 361.0, Target 380.0, Stop 351.5
Boeing Co (BA US)
- Stock has been on a steady uptrend and closed above the 5dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 205.0, Target 220.0, Stop 197.5
Singapore Airlines Ltd (SIA SP)
- Shares closed at a high since January 2020 above the 5dEMA with an increase in volume.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry 6.18, Target 6.70, Stop 5.92
AEM Holdings Ltd (AEM SP)
- Shares closed above the 5dEMA with rising volume.
- RSI is constructive, while MACD is negative.
- Long – Entry 3.20, Target 3.52, Stop 3.04
China Eastern Airlines Corp. (670 HK)
- Shares closed higher at the 20dEMA, with constructive volume over the past 2 days.
- MACD is about to turn positive, RSI is about to turn constructive.
- Long – Entry 2.98, Target 3.28, Stop 2.83
Air China Ltd. (753 HK)
- Shares closed above the 5dEMA, with constructive volume over the past 2 days.
- MACD is about to turn positive, RSI is about to turn constructive.
- Long – Entry 6.50, Target 7.10, Stop 6.20
