Technical Analysis – 26 September 2022
United States | Singapore | Hong Kong
Campbell Soup Company (CPB US)
- Shares was poised to form a head-and-shoulder pattern.
- MACD is positive, but RSI is turning downward.
- Long – Entry 48.5, Target 49.95, Stop 47.8
Kellogg Company (K US)
- Shares resumed a short-term uptrend with rising volumes. The 5dEMA crossed above the 20dEMA.
- MACD is positive, but RSI is turning downward.
- Long – Entry 72.5 Target 75.5, Stop 71.0
Yangzijiang Financial Holding Ltd (YF8 SP)
- Shares closed above the 50dEMA with a jump in volume.
- Both MACD and RSI are constructive.
- Long – Entry 0.395, Target 0.425 Stop 0.380
Golden Energy and Resources Ltd (AUE SP)
- Shares closed at a 52-week high with an increase in volume.
- RSI is constructive, and MACD is about to turn positive.
- Long – Entry 0.790 Target 0.875, Stop 0.750
BOC Hong Kong (Holdings) Ltd (2388 HK)
- Shares closed above the 50dEAM with a jump in volume.
- Both MACD and RSI are constructive.
- Long – Entry: 27.3, Target: 28.3, Stop: 26.8
Trip.com Group Ltd (9961 HK)
- Shares held up well with rising volumes amidst the market sell-off.
- MACD is positive, and RSI is turning upward.
- Long – Entry: 205, Target: 217 Stop: 199
