Technical Analysis – 25 November 2022
United States | Singapore | Hong Kong
Best Buy Co., Inc (BBY US)
- Shares closed at a three-month high with an increase in volume.
- Both MACD and RSI are constructive.
- Long – Entry 82.0, Target 86.5 Stop 79.8
Nike Inc (NKE US)
- Shares formed a bullish triangle pattern.
- Both MACD and RSI are constructive.
- Long – Entry 106.3, Target 112.3, Stop 103.3
AEM Holdings Ltd (AWX SP)
- Shares gapped up and closed at a one-month high above the 50dEMA with a jump in volume.
- Both MACD and RSI are constructive.
- Long – Entry 3.70, Target 4.05, Stop 3.55
Riverstone Holdings Ltd (AP4 SP)
- Shares closed the 5dEMA and 50dEMA with an increase in volume.
- Both MACD and RSI are constructive.
- Long – Entry 0.620, Target 0.665, Stop 0.595
China Vanke Co Ltd (2202 HK)
- Shares gapped up and closed near an intraday high with a jump in volume. The 5dEMA was about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 13.70, Target 14.70, Stop 13.2
China Merchants Port Holdings Co. Ltd (144 HK)
- Shares edged up above the 5dEMA with decent volumes. The 20dEMA was about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry: 11.20, Target: 11.80 Stop: 10.9
