Technical Analysis – 7 February 2023
United States | Singapore | Hong Kong
Lockheed Martin Corp (LMT US)
- Shares closed at a high since January above the 50dEMA with an increase in volume. The 5dEMA is about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 467.0 Target 490.0 Stop 455.5
Charles Schwab Corp (SCHW US)
- Shares closed above the 50dEMA with high volume.
- RSI is constructive and MACD is positive.
- Long – Entry 79.5, Target 86.5, Stop 76.0
iFAST Corp. (AIY SP)
- Shares closed higher today above the 50dEMA with a surge in volume.
- MACD is positive, RSI is constructive.
- Long – Entry 5.70, Target 6.00, Stop 5.55
Jardine C&C. (C07 SP)
- Shares closed higher above the 5dEMA. 20dEMA is about to cross the 200dEMA.
- MACD is positive, RSI constructive.
- Long – Entry 29.5, Target 31.7, Stop 28.4
SenseTime Group Inc (20 HK)
- Shares closed above the 5dEMA with a surge in volume.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry 2.85, Target 3.25, Stop 2.65
Nongfu Spring Co Ltd (9633 HK)
- Shares closed at a high since December 2022 above the 5dEMA with high volumes.
- Both RSI and MACD are constructive.
- Long – Entry: 44.8, Target: 47.2 Stop: 43.6
