Technical Analysis – 29 August 2022
United States | Singapore | Hong Kong
Mosaic Co (MOS US)
- Shares formed a cup pattern with rising volumes.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry 60.0, Target 68.5, Stop 56.0
Intrepid Potash Inc (IPI US)
- Shares closed above the 200dEMA with rising volumes. The 20dMEA crossed above the 200dEMA.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry 55.0 Target 65.0, Stop 50.0
Yangzijiang Shipbuilding Holdings Ltd (BS6 SP)
- Shares formed a volatility contraction pattern (VCP).
- Both MACD and RSI are constructive.
- Long – Entry 0.96, Target 1.00, Stop 0.94
Keppel Corporation Limited (BN4 SP)
- Shares closed at a 4-year high with an increase in volume on a weekly basis.
- MACD starts to turn positive, while RSI is near an overbought level.
- Long – Entry 7.10, Target 7.80, Stop 6.75
China Oilfield Services Limited (2883 HK)
- Shares formed a cup pattern with rising volumes. The 20dEMA was about to cross the 50dEMA.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry: 8.00, Target: 8.50, Stop: 7.75
China Mengniu Dairy Company Limited (2319 HK)
- Shares closed aboved the 50dEMA with an increase in volume. The 20dEMA was about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry: 36.0, Target: 38.2 Stop: 34.9
