Technical Analysis – 24 March 2023
United States | Singapore | Hong Kong
Netflix (NFLX US)
- Shares rose higher above the 50dEMA, with a surge in volume.
- MACD just turned positive, RSI is constructive.
- Long – Entry 315 Target 355 Stop 295
Micron Technology, Inc. (MU US)
- Shares rose higher above the 200dEMA, with a surge in volume.
- MACD is positive, RSI is constructive.
- Long – Entry 61.0 Target 64.5 Stop 59.0
Top Glove (TOPG SP)
- Shares closed at a high since Aug 22, with constructive volume over the past week.
- MACD is positive, RSI is at an “overbought” level.
- Long – Entry 0.30, Target 0.32, Stop 0.29
Jardine C&C (JCNC SP)
- Shares closed higher at the 200dEMA.
- MACD is about to turn positive, RSI is constructive.
Long – Entry 28.9, Target 30.5, Stop 28.1
Tencent Holdings Ltd. (700 HK)
- Shares closed higher above the 50dEMA, with a surge in volume.
- MACD just turned positive, RSI is constructive.
- Long – Entry 375, Target 405, Stop 360
Sunny Optical Technology Group (2382 HK)
- Shares closed higher above the 50dEMA, with constructive volume over the past 3 days.
- MACD just turned positive, RSI is constructive.
- Long – Entry 96.0, Target 105.0, Stop 91.5
