Technical Analysis – 25 January 2023
United States | Singapore | Hong Kong
Netflix Inc (NFLX US)
- Shares closed at a high since April 2022 above the 5dEMA.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry 360 Target 370 Stop 355
Estee Lauder Companies Inc (EL US)
- Shares closed at a high since August 2022 above the 5dEMA with rising volumes.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry 275, Target 281, Stop 272
RH Petrogas (T13 SP)
- Shares closed higher at the 200dEMA, with a surge in volume.
- MACD is positive, RSI is constructive.
- Long – Entry 0.20, Target 0.22, Stop 0.19
Silverlake Axis (5CP SP)
- Shares closed higher above the 50dEMA.
- MACD just turned positive, RSI is constructive.
- Long – Entry 0.36, Target 0.39, Stop 0.35
The Hong Kong market is closed today in observance of a public holiday, Lunar New Year. The market will reopen on 26 January, Thursday.
