Technical Analysis – 30 May 2023
United States | Singapore | Hong Kong
ASML Holding N.V. (ASML US)
- Stock closed at a 52-week high with a surge in volume over the past 2 days.
- MACD is positive, RSI is constructive.
- Long – Entry 730, Target 800, Stop 695
Taiwan Semiconductor Manufacturing Co. Ltd. (TSM US)
- Shares closed at a 52-week high with a surge in volume over the past 2 days.
- MACD is positive, RSI is at an overbought level.
- Long – Entry 102.5, Target 114.5, Stop 96.5
Samudera Shipping Line Ltd (SAMU SP)
- Shares closed above the 5dEMA with an increase in volume.
- MACD is constructive and RSI turned positive.
- Long – Entry 0.915, Target 0.980, Stop 0.883
iFAST Corp Ltd (IFAST SP)
- Shares closed at the 20dEMA with a rise in volume.
- Both MACD and RSI are constructive.
- Long – Entry 4.30, Target 4.60, Stop 4.15
Datang International Power Generation Co. Ltd. (991 HK)
- Shares closed above the 5dEMA with a surge in volume. 5dEMA just crossed the 20dEMA.
- MACD is about to turn positive, RSI is constructive.
- Long – Entry 1.66, Target 1.86, Stop 1.56
Huaneng Power International Inc. (902 HK)
- Shares closed at a 52-week high with a surge in volume.
- MACD is about to turn positive, RSI is constructive.
- Long – Entry 5.10, Target 5.50, Stop 4.90
