Technical Analysis – 27 April 2023
United States | Singapore | Hong Kong
Fisker Inc. (FSR US)
- Shares closed higher above the 50dEMA, with constructive volume over the past 4 days.
- MACD just turned positive, RSI is constructive.
- Long – Entry 5.90, Target 6.70, Stop 5.50
Micron Technology, Inc. (MU US)
- Shares closed higher after the 20dEMA, with a surge in volume.
- MACD is about to turn positive, RSI is constructive.
- Long – Entry 60.7, Target 64.7, Stop 58.7
Sembcorp Marine Ltd (SMM SP)
- Shares rose and closed above the 200dEMA. The 5dEMA is about to cross the 200dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 0.121, Target 0.135, Stop 0.114
Yangzijiang Financial Holding Ltd (YZJFH SP)
- Shares closed above the 200dEMA with an increase in volume. The 5dEMA is about to cross the 200dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 0.385, Target 0.405, Stop 0.375
Huaneng Power International Inc. (902 HK)
- Shares rose higher above the 5dEMA to reach a new 52-weeks high, with a surge in volume.
- MACD is positive, RSI is at an overbought level.
- Long – Entry 4.80, Target 5.20, Stop 4.60
CGN Power Co. Ltd. (1816 HK)
- Shares closed at a new high since Jul 2022, with a surge in volume.
- MACD is positive, RSI is at an overbought level.
- Long – Entry 2.00, Target 2.12, Stop 1.94
