Technical Analysis – 5 December 2022
United States | Singapore | Hong Kong
Starbucks Corporation (SBUX US)
- Shares closed at a high since January with an increase in volume.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry 105.0, Target 115.0 Stop 100.0
Altria Group, Inc (MO US)
- Shares continued its uptrend with rising volumes.
- Both MACD and RSI are constructive.
- Long – Entry 47.5, Target 50.5, Stop 46.0
Wilmar International Limited (F34 SP)
- Shares formed a cup and handle pattern. The 5dEMA crossed above the 200dEMA.
- RSI is constructive, and MACD is about to turn positive.
- Long – Entry 4.10, Target 4.22, Stop 4.04
Keppel Corporation Limited (BN4 SP)
- Shares closed at a higg since June 2018 on its monthly chart.
- Both MACD and RSI are constructive.
- Long – Entry 7.50, Target 8.20, Stop 7.15
Hainan Meilan International Airport Co. Ltd (357 HK)
- Shares closed at a high since July with an increase in volume. The 20dEMA crossed above the 200dEMA.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry 21.8, Target 24.0, Stop 20.7
L’Occitane International SA (973 HK)
- Shares closed at a two-month high with a decent volume. The5dEMA crossed the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry: 22.5, Target: 24.0 Stop: 21.8
