Technical Analysis: 27 April 2022

United States | Singapore | Hong Kong

United States

Whirlpool Corporation (WHR US)

Shares gapped up and formed a doji pattern with a jump in volume.
Both MACD and RSI are constructive.
Long – Entry 181, Target 196, Stop 172

Philip Morris International Inc. (PM US)

Shares hold up well within the upward channel.
Both MACD and RSI are constructive.
Long – Entry 102, Target 108, Stop 99

SINGAPORE

Singapore Post Ltd (SPOST SP)

Shares closed above the 5dMA on higher-than-average trading volumes.
MACD is positive while RSI is approaching overbought levels.
Long – Entry 0.710, Target 0.740, Stop 0.695

Sembcorp Marine Ltd (SMM SP)

Shares are well-supported at the 5dMA level and closed above the previous resistance level yesterday.
MACD is positive, however, RSI is currently at overbought levels and is likely to pullback soon.
Long – Entry 0.125, Target 0.138, Stop 0.118

HONG KONG

Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (2196 HK)

Shares closed above the 20dEMA with a surge in volume.
Both MACD and RSI start to turn around.
Long – Entry: 33.5 Target: 38, Stop: 31.0

Sinopharm Group Co. Ltd (1099 HK)

Shares formed a triple bottom and closed above the 5dEMA with a surge in volume.
RSI starts to turn around, while MACD shows weak momentum.
Long – Entry: 17.0, Target: 18.7, Stop: 16.2

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