Technical Analysis – 24 February 2023
United States | Singapore | Hong Kong
NVIDIA Corporation (NVDA US)
- Shares gapped up and closed at a high since April 2022 above the 5dEMA with a surge in volume.
- RSI is constructive, while MACD is negative.
- Long – Entry 234 Target 250 Stop 226
Pinterest Inc (PINS US)
- Shares closed above the 20dEMA with high volume. The 5dEMA is about to cross the 50dEMA.
- RSI is turning upwards, while MACD is about to turn positive.
- Long – Entry 25.3, Target 27.9, Stop 24.0
Nanofilm Technologies (MZH SP)
- Shares closed higher today to close above the 50dEMA, with constructive volume over the past 3 days.
- MACD just turned positive, RSI is constructive.
- Long – Entry 1.44, Target 1.54, Stop 1.39
SATS Ltd. (S58 SP)
- Shares closed higher today at the 5dEMA.
- RSI is constructive.
- Long – Entry 2.78, Target 2.98, Stop 2.68
Great Wall Motor Co Ltd (2333 HK)
- Shares closed at a high since August 2022 above the 200dEMA with high volume.
- Both MACD and RSI are constructive.
- Long – Entry 12.24, Target 13.20, Stop 11.76
Anhui Conch Cement Co Ltd (914 HK)
- Shares closed at a high since August 2022 above the 200dEMA with a jump in volume. The 5dEMA is about to cross above the 200dEMA.
- Both MACD and RSI are constructive.
- Long – Entry: 31.00, Target 34.10 Stop: 29.45
