KGI Research Singapore

Singapore's leading broker offering Futures, FX, Equities and Wealth Management.

Technical Analysis – 4 May 2022

United States | Singapore | Hong Kong

Nvidia Corp (NVDA US)

  • Shares have bottomed out and entered the consolidation zone.
  • RSI is relatively flat while MACD touched the signal line, and may crossover soon.
  • Long Entry 190.80, Target 208.75, Stop 181.51

 Mosaic Company (MOS US)

  • Shares formed a bullish engulfing pattern and closed above the 5dMA.
  • Previous resistance level now forms the short-term support.
  •  RSI has turned around while MACD is lagging behind.
  • Long Entry 62.23, Target 70.76, Stop 57.35

Back To Top

Oversea-Chinese Banking Corp. Limited (O39 SP)

  • Shares gapped up and closed near intraday high with a jump in volume.
  • MACD is about to turn around, and RSI is positive.
  • Long – Entry 12.20, Target 12.69, Stop 12.0

 

UOL Group Limited (U14 SP)

  • Shares broke out from the consolidation with a jump in volume.
  • MACD is about to turn around, and RSI is positive.
  • Long – Entry 7.20, Target 7.50, Stop 7.10

Back To Top

 

POSTAL SAVINGS BANK of CHINA Co Ltd (1685 HK)

  • Shares tested the 200dEMA and rebounded with an increase in volume on the following trading day. It formed a bullish engulfing pattern.
  • Both MACD and RSI are about to turn upward.
  • Long – Entry: 6.15 Target: 6.60, Stop: 5.90

 

China Resources Land Limited (1109 HK)

  • Shares broke out the consolidation range with a decent volume.
  • Both MACD and RSI are turning upward.
  • Long – Entry: 36.2, Target: 39.1, Stop: 34.8

Back To Top

https://t.me/kgisg