Technical Analysis – 23 June 2023
United States | Singapore | Hong Kong
Waste Management, Inc. (WM US)
- Shares closed even higher above the 5dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 166.5, Target 174.5, Stop 162.5
Deere & Company (DE US)
- Shares closed higher above the 5dEMA. 50dEMA is about to cross the 200dEMA.
- MACD is positive, RSI is at an “overbought” level.
- Long – Entry 415, Target 435, Stop 405
Banyan Tree Holdings Ltd (BTH SP)
- Shares closed above the 5dEMA with a jump in volume.
- Both RSI and MACD are constructive.
- Long – Entry 0.370, Target 0.400, Stop 0.355
United Overseas Bank Ltd (UOB SP)
- Shares closed above the 20dEMA with rising volume.
- RSI is constructive and MACD is positive.
- Long – Entry 28, Target 30, Stop 27
Zoomlion Heavy Industry Science and Technology Co., Ltd. (1157 HK)
- Shares closed above the 20dEMA. 5dEMA just crossed the 20dEMA and is about to cross the 200dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 4.15, Target 4.55, Stop 3.95
NWS Holdings Ltd. (659 HK)
- Shares closed higher above the 5dEMA with a surge in volume. 50dEMA is about to cross the 200dEMA.
- MACD is positive, RSI is at an “overbought” level.
- Long – Entry 7.45, Target 8.05, Stop 7.15
