Technical Analysis – 31 October 2022
United States | Singapore | Hong Kong
Caterpillar Inc (CAT US)
- Shares trended closed at a high since June with rising volumes.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry 215, Target 230, Stop 207
NVIDIA Corporation (NVDA US)
- Shares formed a bullish engulfing pattern and closed above the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 135 Target 150, Stop 130
Keppel Corporation Limited (BN4 SP)
- Shares closed above the 50dEMA with a jump in volume.
- MACD starts turning positive, and RSI is constructive.
- Long – Entry 6.90, Target 7.1 Stop 6.80
DBS Group Holdings Ltd (D05 SP)
- Shares closed at a high since May with a jump in volume.
- MACD starts turning positive, and RSI is constructive.
- Long – Entry 33.50, Target 34.40 Stop 33.05
China Oilfield Services Limited (2883 HK)
- Shares closed at a high since June with a jump in volume.
- Both MACD and RSI are constructive.
- Long – Entry: 8.90 Target: 9.40, Stop: 8.65
Cansino Biologics Inc (6165 HK)
- Shares closed at a high since July with rising volumes.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry: 65.0, Target: 78.0 Stop: 60.0
