Technical Analysis: 26 April 2022
United States | Singapore | Hong Kong
United States
Fortinet Inc (FTNT US)
- Shares formed a bullish engulfing candlestick with an increase in volume. The 200dEMA is a strong support level.
- RSI starts to turn around, while MACD shows weak momentum.
- Long – Entry 320, Target 345, Stop 308
CrowdStrike Holdings, Inc. (CRWD US)
- Shares formed a bullish engulfing candlestick.The 50dEMA is about to cross the 200dEMA.
- RSI starts to turn around, while MACD shows weak momentum.
- Long – Entry 210, Target 230, Stop 200
SINGAPORE
ST Engineering (S63 SP)
- Shares are still on the uptrend
- MACD recently formed a bullish crossover
- Long – Entry 4.15, Target 4.37, Stop 4.05
Singtel (Z74 SP)
- Previous resistance of 2.60 has now turned support
- MACD formed a bullish crossover yesterday
- Long – Entry 2.69, Target 2.84, Stop 2.60
HONG KONG
CSOP Hang Seng TECH Index Daily (-2x) Inverse (7552 HK)
- Shares have been trending up with rising volumes. The stock closed near intraday high.
- Both MACD and RSI are constructive.
- Long – Entry: 14.0 Target: 15.6, Stop: 13.2
CSOP Hang Seng Index Daily (-2x) Inverse (7500 HK)
- Shares have been trending up with rising volumes. The stock closed near intraday high and broke out the upward channel.
- Both MACD and RSI are constructive.
- Long – Entry: 6.72, Target: 7.72, Stop: 6.22
Related Posts: