Technical Analysis – 3 April 2023
United States | Singapore | Hong Kong
Snowflake Inc. (SNOW US)
- Shares rose higher above the 50dEMA, with constructive volume over the past 3 days.
- MACD is positive, RSI is constructive.
- Long – Entry 152.0 Target 165.0 Stop 146.0
The Home Depot, Inc. (HD US)
- Shares rose higher above the 20dEMA with constructive volume over the past 4 days.
- MACD is positive, RSI is constructive.
- Long – Entry 294.0 Target 320.0 Stop 281.0
Olam Group Ltd (OLG SP)
- Shares closed above the 50dEMA with an increase in volume. The 5dEMA crossed both the 20dEMA and 200dEMA.
- RSI is constructive and MACD is positive.
- Long – Entry 1.54, Target 1.68, Stop 1.47
Enviro-Hub Holdings Ltd (ENVH SP)
- Shares rose and closed above the 50dEMA with a rise in volume.
- Both MACD and RSI are constructive.
- Long – Entry 0.038, Target 0.042, Stop 0.036
BYD Electronic International Co. Ltd. (285 HK)
- Shares closed above the 200dEMA and 50dEMA, with a surge in volume.
- MACD is positive, RSI is constructive.
- Long – Entry 24.2, Target 26.6, Stop 23.0
Zhongsheng Group Holdings Ltd. (881 HK)
- Shares closed atthe 50dEMA, with constructive volume.
- MACD is positive, RSI is constructive.
- Long – Entry 38.5, Target 42.0, Stop 36.5
