Technical Analysis – 5 January 2023
United States | Singapore | Hong Kong
Boeing Co (BA US)
- Shares closed at a high since February 2022 with an increase in volume.
- MACD starts turning positive, and RSI is constructive.
- Long – Entry 200.0 Target 220.0 Stop 190.0
MGM Resorts International (MGM US)
- Shares closed above the 200dEMA with an increase in volume.
- MACD is about to turn positive, and RSI is constructive.
- Long – Entry 38.0, Target 35.2, Stop 33.8
Sunpower Group Ltd (5GD SP)
- Shares closed at a three-week high with an increase in volume.
- MACD is about to turn positive, and RSI is constructive.
- Long – Entry 0.330, Target 0.350, Stop 0.320
China Sunsine Chemical Holdings Ltd (QES SP)
- Shares closed at a one-month high with an increase in volume.
- Both MACD and RSI is constructive.
- Long – Entry 0.425, Target 0.445, Stop 0.415
Alibaba Group Holding Ltd (9988 HK)
- Shares closed above the 200dEMA with a jump in volume.
- MACD starts turning positive, and RSI is constructive.
- Long – Entry 95.0, Target 100.0, Stop 92.5
Ping An Insurance (Group) Company of China, Ltd. (2318 HK)
- Shares broke out of the bullish rectangle pattern with a jump in volume.
- MACD starts turning positive, and RSI is constructive.
- Long – Entry: 55.50, Target: 59.55 Stop: 52.50
