Technical Analysis – 28 November 2022
United States | Singapore | Hong Kong
The Kroger Co (KR US)
- Shares closed at a two-month high. The 20dEMA was about to cross the 200dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 48.8, Target 50.3 Stop 48.1
Macy’s, Inc (M US)
- Shares continued to edge up and closed at a high since June.
- Both MACD and RSI are constructive.
- Long – Entry 23.5, Target 25.0, Stop 22.8
Sembcorp Marine Ltd (S51 SP)
- Shares edged up with an increase in volume.
- Both MACD and RSI are constructive.
- Long – Entry 0.133, Target 0.140, Stop 0.129
ISDN Holdings Ltd (I07 SP)
- Shares was poised to form a bullish rectangle pattern.
- Both MACD and RSI are constructive.
- Long – Entry 0.405, Target 0.440, Stop 0.385
China Shenhua Energy Co. Ltd (1088 HK)
- Shares closed at a one-month high with an increase in volume. The 5dEMA was about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 23.2, Target 25.0, Stop 22.3
CRRC Corp. Ltd (1766 HK)
- Shares closed at a high since June with an increase in volume.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry: 3.02, Target: 3.17 Stop: 2.95
