Technical Analysis: 4 January 2022
United States | Singapore | Hong Kong
United States
Expedia Group Inc (EXPE US)
- Shares closed above the 5dMA yesterday and the previous resistance level is now the support level.
- Both MACD and RSI are on an upward momentum.
- Long – Entry 179.2, Target 192.1, Stop 172.4
Royal Caribbean Cruises Ltd (RCL US)
- Shares have filled the previous gap down and closed above the 5dMA yesterday
- Both MACD and RSI are on an upward momentum.
- Long – Entry 78.2, Target 85.1, Stop 74.9
SINGAPORE
Silverlake Axis (SILV SP)
- MACD and RSI are both on an uptrend
- Suggest entry level at the 200d EMA of 0.28
- Long – Entry 0.28, Target 0.315, Stop 0.265
Rex International (REXI SP)
- Shares formed a double bottom recently at 0.265
- MACD and RSI are both supportive of further upside.
- Long – Entry 0.31, Target 0.34, Stop 0.295
HONG KONG
Xinjiang Goldwind Science & Tech Co Ltd (2208 HK)
- Shares tested the 200dEMA which showed a strong resistance level and rebounded.
- MACD is about to turn postive, and RSI shows a sign of turnaround.
- Long – Entry: 15.5, Target: 16.5, Stop: 15.0
Aluminum Corporation of China (2600 HK)
- Shares are forming an upward channel.
- MACD shows healthy upward momentum, and RSI is constructive.
- Long – Entry: 4.35, Target: 5.00, Stop: 4.10
Related Posts: