Technical Analysis – 6 February 2023
United States | Singapore | Hong Kong
Caesars Entertainment Inc (CZR US)
- Shares closed at a high since May 2022 above the 5dEMA with an increase in volume.
- Both MACD and RSI are constructive.
- Long – Entry 54.0 Target 59.0 Stop 51.5
United States Steel Corp (X US)
- Shares closed at a high since May 2022 above the 5dEMA with an increase in volume.
- RSI is constructive and MACD is positive.
- Long – Entry 30.0, Target 33.0, Stop 38.5
SBS Transit Ltd. (S61 SP)
- Shares surged higher today just below the 200dEMA, 20dEMA is about to cross the 50dEMA.
- MACD is positive, RSI is at an “overbought” level.
- Long – Entry 2.68, Target 2.80, Stop 2.62
Food Empire Holdings Ltd. (F03 SP)
- Shares closed higher today with more volume over the past 2 days.
- MACD is positive, RSI is at an “overbought” level.
- Long – Entry 0.74, Target 0.80, Stop 0.71
Kingdee International Software Group Co Ltd (268 HK)
- Shares closed at a high since January 2023 above the 5dEMA with an increase in volume.
- RSI is constructive and MACD is positive.
- Long – Entry 18.28, Target 20.40, Stop 17.22
MTR Corp Ltd (66 HK)
- Shares closed above the 5WEMA with an increase in volume. The 5WEMA crossed the 200WEMA.
- Both RSI and MACD are positive
- Long – Entry: 42.4, Target: 46.0 Stop: 40.6
