Technical Analysis – 27 May 2022
United States | Singapore | Hong Kong
Lululemon Athletica Inc (LULU US)
- Shares gapped up and closed near an intraday high with a jump in volume.
- MACD starts to turn positive, and RSI starts to turn upward.
- Long – Entry 285, Target 300, Stop 277
Lithium Americas Corp (LAC US)
- Shares had broken out the downward channel. The stock surged and closed near an intraday high with a jump in volume. The 5dEMA is approaching the 200dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 26.8, Target 29.1, Stop 25.5
OxPay Financial Ltd (OPFL SP)
- Shares are short-term strongly supported around S$0.17, which presents a good entry price.
- Both RSI and MACD are relatively flat.
- Long – Entry 0.170, Target 0.185, Stop 0.163
SATS Ltd (SATS SP)
- Shares closed above the 5dMA yesterday.
- Both RSI and MACD are constructive.
- Long – Entry 4.48, Target 4.69, Stop 4.39
China Oilfield Services Limited (2883 HK)
- Shares gapped up and closed at an intraday high with an increase in volume.
- MACD and RSI are constructive.
- Long – Entry: 8.65 Target: 9.35, Stop: 8.30
AviChina Industry & Technology Co Ltd (2357 HK)
- Shares closed near an intraday high with a jump in volume. The 5dEMA is about to cross the 50dEMA.
- MACD and RSI are constructive.
- Long – Entry: 4.35, Target: 4.75, Stop: 4.15
