Technical Analysis – 26 January 2023
United States | Singapore | Hong Kong
Foot Locker Inc (FL US)
- Shares closed at a high since Feburary 2022 above the 5dEMA with an increase in volume.
- RSI is constructive, while the MACD is about to turn positive.
- Long – Entry 40.0 Target 45.0 Stop 37.5
Macy’s Inc (M US)
- Shares closed above the 5dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 23, Target 25, Stop 22
UOL (U14 SP)
- Shares gapped up and close above the 200dEMA.
- MACD is positive, and RSI is constructive.
- Long – Entry 6.90, Target 7.30, Stop 6.70
Frencken Group Ltd. (E28 SP)
- Shares closed higher above the 50dEMA with a surge in volume.
- MACD is positive, RSI is constructive.
- Long – Entry 1, Target 1.14, Stop 0.93
BOC Hong Kong (Holdings) Ltd (2388 HK)
- Shares closed above the 5dEMA.
- RSI starts turning upward, while MACD is negative.
- Long – Entry 27.0, Target 28.2, Stop 26.4
Haitong Securities Co Ltd (6837 HK)
- Shares closed at a high since June 2022 with an increase in volume.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry: 5.55, Target: 5.90 Stop: 5.38
