Technical Analysis – 3 January 2023
United States | Singapore | Hong Kong
Foot Locker Inc (FL US)
- Shares closed at a two-week high with an increase in volume.
- Both MACD and RSI are constructive.
- Long – Entry 37.5 Target 40.0 Stop 36.3
Crocs Inc (CROX US)
- Shares closed at a 52-week high.
- Both RSI and MACD are constructive.
- Long – Entry 108.0, Target 115.5, Stop104.3
Frencken Group Limited (E28 SP)
- Shares closed above the 5dEMA with an increase in volume.
- MACD is about to turn positive, and RSI starts turning upward.
- Long – Entry 0.940, Target 0.995, Stop 0.915
Hrnetgroup Ltd (CHZ SP)
- Shares closed above the 20dEMA with an increase in volume. The 5dEMA crossed the 50dEMA.
- MACD is about to turn positive, and RSI starts turning upward.
- Long – Entry 0.780, Target 0.800, Stop 0.770
China State Construction International Holdings Ltd (3311 HK)
- Shares closed at a 3-week high with an increase in volume. The 5dEMA crossed the 200dEMA.
- MACD starts turning positive, and RSI is constructive.
- Long – Entry 8.75, Target 9.45, Stop 8.40
Hengan International Group Company Ltd (1044 HK)
- Shares closed at a high since March 2022 with rising volumes.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry: 41.00, Target: 42.85 Stop: 40.90
