Technical Analysis – 4 April 2023
United States | Singapore | Hong Kong
Snowflake Inc. (SNOW US)
- Shares rose higher above the 50dEMA, with constructive volume over the past 3 days.
- MACD is positive, RSI is constructive.
- Long – Entry 152.0 Target 165.0 Stop 146.0
The Home Depot, Inc. (HD US)
- Shares rose higher above the 20dEMA with constructive volume over the past 4 days.
- MACD is positive, RSI is constructive.
- Long – Entry 294.0 Target 320.0 Stop 281.0
Rex International Holding Ltd (REXI SP)
- Shares closed above the 50dEMA with an increase in volume. The 5dEMA crossed both the 20dEMA.
- Both RSI and MACD are constructive.
- Long – Entry 0.172, Target 0.220, Stop 0.148
RH PetroGas Ltd (RHP SP)
- Shares rose and closed above the 200dEMA with a rise in volume. The 5dEMA crossed the 50dEMA and 20dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 0.20, Target 0.22, Stop 0.19
SJM Holdings Ltd. (880 HK)
- Shares rose higher above the 50dEMA, with a surge in volume.
- MACD is positive, RSI is constructive.
- Long – Entry 4.10, Target 4.50, Stop 3.90
Xinyi Solar Holdings Ltd. (968 HK)
- Shares rose higher today, with constructive volume over the past 4 days.
- MACD is positive, RSI is constructive.
- Long – Entry 9.4, Target 10.2, Stop 9.0
