Technical Analysis – 23 May 2023
United States | Singapore | Hong Kong
Tesla Inc (TSLA US)
- Stock has been on a steady uptrend and closed above the 5dEMA.The 5dEMA rose above the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 184, Target 198, Stop 177
Pfizer Inc (PFE US)
- Shares rose and closed above the 20dEMA with a surge in volume..
- RSI is constructive and MACD is positive.
- Long – Entry 37.8, Target 42.0, Stop 35.7
SATS Ltd (SATS SP)
- Shares closed at a one-month high above the 5dEMA with an increase in volume. The 20dEMA crossed the 50dEMA.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry 2.8, Target 3.0, Stop 2.7
Hongkong Land Holdings Ltd (HKL SP)
- Shares closed above the 50dEMA with a jump in volume. The 5dEMA crossed the 20dEMA and is about to cross the 50dEMA.
- RSI is constructive, while MACD is about to turn positive.
- Long – Entry 4.4, Target 4.6, Stop 4.3
Want Want China Holdings Ltd (151 HK)
- Shares closed above the 5dEMA with an increase in volume. The 20dEMA crossed the 50dEMA.
- Both RSI and MACD are constructive.
- Long – Entry 5.18, Target 5.40, Stop 5.07
Nongfu Spring Co Ltd (9633 HK)
- Shares closed above the 50dEMA with rising volume. The 5dEMA crossed the 20dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 42.7, Target 46.5, Stop 40.8
