Technical Analysis – 5 June 2023
United States | Singapore | Hong Kong
Caterpillar, Inc. (CAT US)
- Stock closed above the 200dEMA, with a surge in volume. 5dEMA just crossed the 20dEMA.
- MACD just turned positive, RSI is constructive.
- Long – Entry 224, Target 246, Stop 213
3M Co. (MMM US)
- Shares closed higher above the 50dEMA, with a surge in volume.
- MACD just turned positive, RSI is constructive.
- Long – Entry 101, Target 111, Stop 96
HRnetgroup Ltd (HRNET SP)
- Shares rose and closed above the 50dEMA.
- Both RSI and MACD are constructive.
- Long – Entry 0.76, Target 0.80, Stop 0.74
Frencken Group Ltd (FRKN SP)
- Shares closed above the 5dEMA with an increase in volume.
- RSI is constructive and MACD is positive.
Long – Entry 0.87, Target 0.93, Stop 0.84
Baidu Inc. (9888 HK)
- Shares closed higher above the 200dEMA, with a surge in volume. 5dEMA just crossed the 20dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 129, Target 145, Stop 121
Sunevision Holdings Ltd. (1686 HK)
- Shares closed at the 50dEMA with a surge in volume. 5dEMA just crossed the 20dEMA.
- MACD just turned positive, RSI is constructive.
- Long – Entry 4.50, Target 4.86, Stop 4.32
