Technical Analysis – 4 January 2023
United States | Singapore | Hong Kong
Target Corp (TGT US)
- Shares closed at the 20dEMA with an increase in volume.
- Both MACD and RSI are constructive.
- Long – Entry 151.0 Target 159.1 Stop 147.0
AT&T Inc (T US)
- Shares closed above the 200dEMA with an increase in volume. The 5dEMA crossed the 200dEMA.
- MACD starts turning positive, and RSI is constructive.
- Long – Entry 18.5, Target 19.5, Stop 18.0
ISDN Holdings Ltd (I07 SP)
- Shares closed above the 200dEMA with a jump in volume.
- Both MACD and RSI are constructive.
- Long – Entry 0.475, Target 0.525, Stop 0.450
SembCorp Industries Limited (U96 SP)
- Shares closed at a high since September 2022 with an increase in volume.
- MACD is about to turn positive, and RSI is constructive.
- Long – Entry 3.40, Target 3.50, Stop 3.35
China Merchants Bank Co., Ltd. (3968 HK)
- Shares closed at a high since July 2022 with an increase in volume. The 5dEMA crossed above the 200dEMA.
- MACD is about to turn positive, and RSI is constructive.
- Long – Entry 44.0, Target 46.0, Stop 43.0
Kingsoft Corporation Limited (3888 HK)
- Shares closed at a high since July 2022 with a jump in volume. The 5dEMA crossed above the 200dEMA.
- MACD starts turning positive, and RSI is constructive.
- Long – Entry: 28.00, Target: 31.55 Stop: 26.30
