Technical Analysis – 25 August 2022
United States | Singapore | Hong Kong
The Boeing Company (BA US)
- Shares gapped up and formed an island reversal pattern with an increase in volume.
- RSI turns upward, but MACD remains negative.
- Long – Entry 162, Target 172, Stop 157
Marathon Oil Corporation (MRO US)
- Shares resumed an uptrend. The 20dMEA was about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 26.0 Target 28.0, Stop 25.0
Dyna-Mac Holdings Ltd (NO4 SP)
- Shares closed above the 5dEMA with an increase in volume.
- RSI starts to turn upward, while MADC remains negative.
- Long – Entry 0.20, Target 0.220, Stop 0.19
Rex International Holding Ltd (AUE SP)
- Shares closed above the 20dEMA with an increase in volume.
- Both MACD and RSI are constructive.
- Long – Entry 0.240, Target 0.255, Stop 0.235
China Oilfield Services Limited (2883 HK)
- Shares closed near an intraday high with a decent volume. The 5dEMA crossed the 200dEMA.
- Both MACD and RSI are constructive.
- Long – Entry: 7.8, Target: 8.5, Stop: 7.5
China State Construction International Holdings Limited (3311 HK)
- Shares formed a bullish flag pattern with rising volumes.
- MACD is constructive, but RSI is at an overbought level.
- Long – Entry: 9.00, Target: 9.90 Stop: 8.55
