Technical Analysis – 27 October 2022
United States | Singapore | Hong Kong
Canadian Solar Inc (CSIQ US)
- Shares closed about the 5dEMA and formed an inverted hammer candlestick with an increase in volume.
- MACD starts to turn positive, and RSI rebounds from an oversold level.
- Long – Entry 30.5, Target 32.5, Stop 29.5
Air Products & Chemicals Inc (APD US)
- Shares closed above the 200dEMA with an increase in volume.
- Both MACD and RSI are constructive.
- Long – Entry 250.0 Target 260.5, Stop 245.0
Singapore Exchange Limited (S68 SP)
- Shares closed above the 5dEMA with rising volumes.
- MACD remains negative, and RSI is at an oversold level.
- Long – Entry 8.40, Target 8.60 Stop 8.30
Raffles Medical Group Ltd (BSL SP)
- Shares closed above the 200dEMA with an increase in volume.
- MACD is positive, and RSI rebounds from an oversold level.
- Long – Entry 1.25, Target 1.29 Stop 1.23
Xinte Energy Co Ltd (1799 HK)
- Shares formed a bullish rectangle pattern.
- Both MACD and RSI are negative.
- Long – Entry: 17.7, Target: 18.7, Stop: 17.2
Great Wall Motor Co Ltd (2333 HK)
- Shares edged up and closed above the 50dEMA with rising volumes.
- Both MACD and RSI are constructive.
- Long – Entry: 8.15, Target: 9.15 Stop: 7.65
