Technical Analysis – 27 January 2023
United States | Singapore | Hong Kong
Vale SA (VALE US)
- Shares closed at a high since April 2022 above the 5dEMA with an increase in volume.
- MACD is positive, while RSI is at an overbought level.
- Long – Entry 19.0 Target 21.3 Stop 18.0
Nucor Corp (NU US)
- Shares closed at a high since April 2022 above the 5dEMA with a jump in volume.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry 166, Target 180, Stop 159
SATS (S58 SP)
- Shares closed at a high since Oct 2022, 20dEMA just crossed the 50dEMA.
- MACD is positive, while RSI is at an overbought level.
- Long – Entry 3.05, Target 3.35, Stop 2.90
Samuderashipping (S56 SP)
- Shares closed at a high since Aug 2022, with a surge in volume over the past week.
- MACD is positive, while RSI is at an overbought level.
- Long – Entry 1.15, Target 1.25, Stop 1.10
Tongcheng Travel Holdings Ltd (780 HK)
- Shares closed at a 52-week high above the 5wEMA with an increase in volume.
- Both RSI and MACD are constructive.
- Long – Entry 19.50, Target 21.00, Stop 18.75
Hainan Meilan International Airport Company Ltd (0357 HK)
- Shares closed at a 52-week high above the 5dEMA with an increase in volume.
- MACD is positive, and RSI is constructive.
- Long – Entry: 25.0, Target: 28.0 Stop: 23.5
