Technical Analysis – 8 December 2022
United States | Singapore | Hong Kong
Louisiana-Pacific Corp (LPX US)
- Shares closed at a high since June and formed a bullish rectangle pattern.
- MACD is about to turn positive, and RSI is constructive.
- Long – Entry 65.0 Target 68.5 Stop 63.3
First Majestic Silver Corp (AG US)
- Shares closed above the 20d EMA and 200dEMA with an increase in volume.
- RSI is turning upward, while MACD remains negative.
- Long – Entry 9.2, Target 10.0 , Stop 8.8
DFI Retail Group Holdings Ltd (D01 SP)
- Shares closed at a high since August with an increase in volume. The 5dEMA was about to cross the 200dEMA.
- MACD is constructive, while RSI is at an overbought level.
- Long – Entry 2.75, Target 2.95, Stop 2.65
Hongkong Land Holdings Limited (H78 SP)
- Shares closed above the 50dEMA with a jump in volume. The 5dEMA was about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 4.30, Target 4.65, Stop 4.13
Yancoal Australia Ltd (3668 HK)
- Shares closed above the 5dEMA with an increase in volume. The 20dEMA was about to cross the 50dEMA.
- Both MACD and RSI are constructive.
- Long – Entry 29.5, Target 32.0, Stop 28.3
Health and Happiness (H&H) International Holdings Ltd (1112 HK)
- Shares continued to edge up with an increase in volume. The 5dEMA crossed above the 200dEMA.
- MACD is constructive while RSI is at an overbought level.
- Long – Entry: 11.5, Target: 12.8 Stop: 10.8
