Technical Analysis – 30 March 2023
United States | Singapore | Hong Kong
United States Steel Corp (X US)
- Shares closed above the 5dEMA with an increase in volume.
- RSI is constructive and MACD is positive.
- Long – Entry 26.10 Target 29.00 Stop 24.65
Freeport-McMoRan Inc (FCX US)
- Shares rose above the 20dEMA with a rise in volume. The 5dEMA is about to cross the 20dEMA.
- Both RSI and MACD are constructive.
- Long – Entry 39.2 Target 44.0 Stop 36.8
Rex International Holding Ltd (REXI SP)
- Shares tested the 20dEMA, closing above the 5dEMA with an increase in volume.
- Both MACD and RSI are positive.
- Long – Entry 0.14, Target 0.16, Stop 0.13
SATS Ltd (SATS SP)
- Shares rose and closed above the 50dEMA with a jump in volume. The 5dEMA is about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 2.65, Target 2.91, Stop 2.52
Industrial & Commercial Bank of China (1398 HK)
- Shares closed higher today above the 5dEMA, with a surge in volume.
- MACD is positive, RSI is constructive.
- Long – Entry 4.25, Target 4.65, Stop 4.05
Agricultural Bank of China (1288 HK)
- Shares closed at a high since Jul 2022, with s surge in volume.
- MACD is positive, RSi is constructive.
- Long – Entry 2.90, Target 3.04, Stop 2.83
