Technical Analysis – 23 March 2023
United States | Singapore | Hong Kong
Taiwan Semiconductor Manufacturing Company Ltd. (TSM US)
- Shares closed slightly higher.
- MACD just turned positive, RSI is constructive,
- Long – Entry 92.5 Target 98.0 Stop 90.0
Sea Ltd. (SE US)
- Shares closed at the 200dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 77.5 Target 85.0 Stop 74.0
Golden Agri-Resources Ltd (GGR SP)
- Shares rose and closed above the 5dEMA with rising volume. The 50dEMA crossed the 200dEMA.
- RSI is constructive, while MACD is negative.
- Long – Entry 0.285, Target 0.300, Stop 0.278
Totm Technologies Ltd (TOTM SP)
- Shares formed an inverted hammer pattern and closed above the 5dEMA with an increase in volume.
- Both MACD and RSI are positive.
- Long – Entry 0.084, Target 0.090, Stop 0.081
AIA Group Ltd. (1299 HK)
- Shares closed higher above the 200dEMA.
- MACD is turning positive, RSI is constructive.
- Long – Entry 80.0, Target 87.0, Stop 76.5
Jiumaojiu International Holdings Ltd. (9922 HK)
- Shares closed above the 200dEMA with a surge in volume.
- MACD is about to turn positive, RSI is constructive.
- Long – Entry 18.7, Target 20.7, Stop 17.7
