Technical Analysis – 25 May 2023
United States | Singapore | Hong Kong
Block Inc (SQ US)
- Stock has been on a steady uptrend and closed above the 5dEMA.
- RSI is constructive and MACD is positive.
- Long – Entry 61, Target 69, Stop 57
Cloudflare Inc (NET US)
- Shares formed a bullish flag pattern and closed above the 5dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 56, Target 64, Stop 52
Hrnetgroup Ltd (CHZ SP)
- Shares rose for four consecutive trading days with rising volumes. The 5dEMA crossed above the 20dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 0.76, Target 0.80, Stop 0.74
UOL Group Limited (U14 SP)
- Shares closed above the 5dEMA decent volumes.
- RSI is constructive, and MACD is about to turn positive.
- Long – Entry 6.80, Target 6.93, Stop 6.73
Flat Glass Group Co Ltd (6865 HK)
- Shares closed at a three-month high and above the 200dEMA with a jump in volumes.
- MACD starts turning positive, and RSI is constructive.
- Long – Entry 23.75, Target 25.75, Stop 22.75
Weilong Delicious Global Holdings Ltd (9985 HK)
- Shares closed at a two-week high with an increase in volume.
- Both MACD and RSI are constructive.
- Long – Entry 9.20, Target 9.80, Stop 8.90
