Technical Analysis – 9 June 2023
United States | Singapore | Hong Kong
Delta Air Lines, Inc (DAL US)
- Shares closed at a high since Mar 2023 above the 5dEMA, with a surge in volume.
- MACD is positive, RSI is at an “overbought” level.
- Long – Entry 38.8, Target 42.8, Stop 36.8
Airbnb, Inc. (ABNB US)
- Shares closed slightly above the 200dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 115, Target 125, Stop 110
China Aviation Oil Singapore Corp Ltd (CAO SP)
- Shares closed above the 200dEMA, with a surge in volume.
- Both MACD and RSI are constructive.
- Long – Entry 0.94, Target 1.00, Stop 0.91
Dyna-Mac Holdings Ltd (DMHL SP)
- Shares closed above the 5dEMA.
- MACD is about to turn positive, RSI is constructive.
- Long – Entry 0.300, Target 0.320, Stop 0.290
Longfor Group Holdings Ltd. (960 HK)
- Shares closed even higher with constructive volume over the past week. 5dEMA just crossed the 20dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 18.80, Target 20.80, Stop 17.80
Citic Ltd. (267 HK)
- Shares closed even higher above the 20dEMA. 5dEMA just crossed the 50dEMA.
- MACD is about to turn positive, RSI is constructive.
- Long – Entry 9.8, Target 10.8, Stop 9.3
