Technical Analysis – 3 July 2023
United States | Singapore | Hong Kong
Enphase Energy, Inc. (ENPH US)
- Shares closed above the 5dEMA with more volume. 5dEMA is about to cross the 20dEMA.
- MACD is about to turn positive, RSI is turning constructive.
- Long – Entry 165, Target 181, Stop 157
First Solar, Inc. (FSLR US)
- Shares closed higher above the 20dEMA. 5dEMA is about to cross the 20dEMA.
- MACD is about to turn positive, RSI is turning constructive.
- Long – Entry 189, Target 205, Stop 181
SIA Engineering Co Ltd (SIE SP)
- Shares closed above the 5dEMA with a jump in volume.
- RSI is constructive while MACD is about to turn positive.
- Long – Entry 2.46, Target 2.56, Stop 2.41
Raffles Medical Group Ltd (RFMD SP)
- Shares closed above the 5dEMA. The 5dEMA crossed the 20dEMA.
- Both RSI and MACD are constructive.
- Long – Entry 1.35, Target 1.43, Stop 1.31
Tianqi Lithium Corporation. (9696 HK)
- Shares closed at the 50dEMA with a surge in volume. 5dEMA is about to cross the 20dEMA.
- MACD is about to turn positive, RSI is constructive.
- Long – Entry 54.0, Target 59.0, Stop 51.5
Sinotruk (Hong Kong) Ltd. (3808 HK)
- Shares closed at a 52-week high.
- MACD is positive, RSI is at an “overbought” level.
- Long – Entry 15.0, Target 16.4, Stop 14.3
