{"id":32539,"date":"2023-09-12T07:08:00","date_gmt":"2023-09-11T23:08:00","guid":{"rendered":"https:\/\/www.kgieworld.sg\/research\/?p=32539"},"modified":"2023-09-12T14:52:20","modified_gmt":"2023-09-12T06:52:20","slug":"technical-analysis-12-september-2023","status":"publish","type":"post","link":"https:\/\/www.kgieworld.sg\/research\/technical-analysis-12-september-2023\/","title":{"rendered":"Technical Analysis &#8211; 12 September 2023"},"content":{"rendered":"\n<p class=\"has-cyan-bluish-gray-background-color has-background wp-block-paragraph\" id=\"top\"><a href=\"#us\">United States<\/a> |<a href=\"#sg\"> Singapore<\/a> |<a href=\"#hk\"> Hong Kong<\/a> |<a href=\"#ea\"> Earnings<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"us\"><img fetchpriority=\"high\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-54.png\" class=\"wp-image-15016\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-54.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-54-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\">Tesla Inc. (TSLA US)<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/EWiAIRxSm6lFMWr04u_zFzavcWd-FcPtE93OdL6PKtkSUZny90vz1Ge_5EmFs4-LILnpTbKaE-mGAOybaFTflQ1yl68K26ZCb_DXZ6X4-XyBLgATwm29mTtbIY5uOR8IKCt1Cq7Wn0Qj2T5lSeqQi5w\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>Shares closed at a high since Jul 2023 above the 5dEMA with a surge in volume.&nbsp;<\/li><li>MACD is positive, RSI is constructive.<\/li><li><strong>Long <\/strong>\u2013 <strong>Entry 270, Target 290, Stop 260<\/strong><\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/qUuxA3Qowp3Bjvffk0jvXl7cGYVlEHhJulyo65op6rCEdsIV-aR-TQWtuzEZOKMzyPTBY-GD9kW1BvWSSwk9nmklij4IsDFTPA7-nXMBG78yWRPqpq0RFwQ2600woAnVB3iDMwhwGvNKjWpoZAJTFw4\" alt=\"\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Snowflake Inc. (SNOW US)<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/HGOKbxbt1GqztwaxIUd0JGDKa_mv07-m53XDzxccPvRmeXScBFGNBwQLGw6wR1K-W7DzJ3Hjc_FT6o1kxpXC1QJkSKauvR-CccJym9F75dhZWffw50IpSW6Biu5QHHYuLvGlJGGt-KboFJFDqFx9WC8\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>Shares closed higher above the 200dEMA with constructive volume. 5dEMA is about to cross the 200dEMA.&nbsp;<\/li><li>MACD is positive, RSI is constructive.<\/li><li><strong>Long <\/strong>\u2013 <strong>Entry 169, Target 181, Stop 163<\/strong><\/li><\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><a href=\"#top\">Back To Top<\/a> <\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-58.png\" alt=\"\" class=\"wp-image-15020\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-58.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-58-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"sg\"><a id=\"post-15015-_q3z2pzaup3mw\"><\/a><img decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-59.png\" class=\"wp-image-15021\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-59.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-59-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\">Sheng Siong (SSG SP)<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/WUKW9jk5elfWzUBV8kotv_rB_76odfC49L-K7e6_YKWaeQ1xxWr7yPn9jERUJY-9gJG5acnm7DhKcKulxSJJSBzcWQ1sHg_X5h2O0-Ui2hSAJS4U3W3wlgT0rT_BuVUc-5CADS-BEEZsUyBrkdsevfg\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>Shares closed higher above the 20dEMA with a surge in volume. 5dEMA is about to cross the 20dEMA.<\/li><li>MACD just turned positive, RSI is constructive.<\/li><li><strong>Long <\/strong>\u2013 <strong>Entry 1.56, Target 1.66, Stop 1.51<\/strong><\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/_JGMXZGfWqP7QlYNd_k2UPvV9IOQLGm3c4k3-1hKdukXiUHVInTb8dADnBZmQalOw1XxKuKnpl13zgfZgaElzQGur6rGp6tOKfixjz4sct-RZ97q9cNPW3LlqU1XHSno7zDu4EZ90Th7KNfDMHu8GtU\" alt=\"\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Frasers Property Ltd. (FPL SP)<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/vSCvpJvagMIixz52koYdBqex0fMRICyuGTsS-rpDSAmwBKrL2ibajFAk7cSCavKz2ISm8xUb7WTgTl5RbEu-hEGKnrq0Wvkfx5YfRjB-rbUKixUkKAeOKkxMHJm5bz3wYmzLoD2Hl6VDsbwiZy_492Q\" width=\"602\" height=\"341\"><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Shares closed higher above the 20dEMA with a surge in volume.<\/li><li>MACD just turned positive, RSI is turning constructive.<\/li><li><strong>Long <\/strong>\u2013 <strong>Entry 0.780 Target 0.840, Stop 0.750<\/strong><\/li><\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><a href=\"#top\">Back To Top<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/yV_Xnu_hXUOGMgZDR8Bt-KVJqh7F0hJW67ub5pqQ3zcYS3XS4f2hy3ieQic3A_uEgVAduKTFu3L0lxFLm2-v2rI4ui56z4HbM8DS8t6VI6KKsr92Io5JE1U9Fxf_hfQ4QEr69osTUO3uDrylwKUsLlg\" alt=\"\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"hk\"><img loading=\"lazy\" decoding=\"async\" width=\"602\" height=\"128\" src=\"https:\/\/lh4.googleusercontent.com\/QMpvGCOCydiwQnXNAjEsreDHLysxjGGNj75eC5JRp1gQ5i4VgteJRMvCxBKXwZvPaiUG9gwfb7DQYrPe26Df9OTwKahXnQx1Kz4HWWXzhPQghxWg1UVJx-Y5bWLmbRUDMi79wyo5FadyUulHBrGvA9M\"><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\">Innovent Biologics Inc (1801 HK)<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/wCXHrjRsV0p_EnWYk2dN6Q2rtyYV-60zMu3ZCcw2gBMudsvuEwiu5kpb2ErH6eyD6tINHJQ0MYheAN6AwgF6UetrupDohPAJGc2qjkJIpvDCl6DnnMhVvCMzob7zX4ISuRuFq0YSsOHDH5Vs95tBL8o\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>Shares closed above the 5dEMA with a sharp incline in volume. The 5dEMA crossed the 200dEMA.<\/li><li>Both RSI and MACD are constructive.<\/li><li><strong>Long \u2013 Entry 36.8, Target 40.0, Stop 35.2<\/strong><\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/ZRvhUxhRRmk9ksrbAaGdozKULBzP1RshNeRgLGGlqpkzNAnEQZajm0qV3SI0nQt_gQCi_aXWldO_AlK4bEIWupDwR1jVmJYi6KsItP8Qdo7brcPZxsaopZUZQgiQsXDxiczoHIrUPXrvzEf2kULA8kQ\" alt=\"\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">MMG Ltd (1208 HK)<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/z45gzVNL7abGYV2bhT_X8k-_VJOzCkbw8vjn8ht7Bver5qcBjX-QgxV0YuOkIvMh9OleI1S8TGFDdofSK--XUlG-36boIGGiKVQPbz6FVgda0Qm5JO-qXZN2UvhHYiSi7peNGMvBA09XlOgpztxbLoM\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>Shares closed above the 5dEMA with rising volume.&nbsp;&nbsp;<\/li><li>Both RSI and MACD are constructive.<\/li><li><strong>Long \u2013 Entry 2.72, Target 3.00, Stop 2.58<\/strong><\/li><\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><a href=\"#top\">Back To Top<\/a> <\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/0lbu87C7Z1xDluPkJ4a_3PnUvgVbgBLRFqgJnJTT2i_3ZloXjWEjv3X1Gaf_6L-IEeo9eU2b_Q8eX5V08EwDl2iDePpPYrkgUSciNzAHbretE9sS6mf_-hmNhBIKuUTu5CQCFv1j7ahqxsl3HO05ycM\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"ea\"><strong><img loading=\"lazy\" decoding=\"async\" width=\"601\" height=\"108\" src=\"https:\/\/lh4.googleusercontent.com\/Z0_IBt6WlF0wm5dAEE4psh4I_6pSghTaGP0Y_ZZAwegn7jopZCKQyTfuD0oEsUDDUKowD7fa1Ea2Qwx45kOknTimYAqpfRYuOw5fGhED3KM1EwZbJNUHzjY0ROwYmgHdMm0McVEGRZJCbcb5UDLi3jc\"><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Oracle Corp (ORCL)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>1Q24 Revenue: <\/strong>$12.45B, +8.7% YoY, miss estimates by $20M<\/li><li><strong>1Q24 Non-GAAP EPS:<\/strong> $1.19, beat estimates by $0.04<\/li><li><strong>2Q24 Guidance:<\/strong> total revenue expected to grow 5% to 7%. Total revenue excluding Cerner are expected to grow 8% to 10%. Total cloud revenue excluding Cerner is expected to grow from 29% to 31%. Non-GAAP EPS is expected to grow between 7% to 11% and be between $1.30 and $1.34.&nbsp;<\/li><li><strong>Comment: <\/strong>Oracle reported mixed 1Q24 results with revenue that missed analysts&#8217; expectations. The company&#8217;s cloud services and license support segment grew 13% YoY, but its cloud license and on-premises license segment declined 10%. Hardware revenue fell 6% YoY. Oracle forecast Q2 revenue growth of between 5% and 7%, below analysts&#8217; average estimate of 8.2%. The company attributed the weaker-than-expected results to a number of factors, including the ongoing economic slowdown and the transition of its Cerner acquisition to the cloud. However, Oracle said it was still seeing strong demand for its cloud infrastructure services. Additionally, Oracle\u2019s CTO mentioned that as of today, AI development companies have signed contracts to purchase over $4 billion of capacity in Oracle&#8217;s Gen2 Cloud, which is twice as much as Oracle had booked at the end of 4Q23. The continued demand for cloud services, as well as its new database hardware, Micros point-of-sale workstations, and artificial intelligence features in its Fusion Cloud Human Capital Management software, could help Oracle mitigate the ongoing economic slowdown affecting its revenue. <strong>2Q24 recommended trading range<\/strong><strong>: $115 to $120. Neutral Outlook.&nbsp;<\/strong><\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u79d1\u5b66\u5e94\u7528\u56fd\u9645 (SAIC)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>24\u8d22\u5e74\u7b2c\u4e8c\u5b63\u8425\u6536\uff1a<\/strong>17.8\u4ebf\u7f8e\u5143, \u540c\u6bd4\u8dcc\u5e453.0%\uff0c\u8d85\u9884\u671f8,000\u4e07\u7f8e\u5143&nbsp;<\/li><li><strong>24\u8d22\u5e74\u7b2c\u4e8c\u5b63Non-GAAP\u6bcf\u80a1\u4e8f\u635f<\/strong>\uff1a2.05\u7f8e\u5143\uff0c\u8d85\u9884\u671f0.43\u7f8e\u5143&nbsp;&nbsp;<\/li><li><strong>24\u8d22\u5e74\u6307\u5f15\uff1a<\/strong>\u5c06\u8425\u6536\u9884\u671f\u4ece\u4e4b\u524d\u768471.2\u4ebf\u7f8e\u5143\u81f372.2\u4ebf\u7f8e\u5143\u533a\u95f4\u4e0a\u8c03\u81f372\u4ebf\u7f8e\u5143\u81f372.5\u4ebf\u7f8e\u5143\u533a\u95f4\u3002\u8be5\u516c\u53f8\u8fd8\u5c06\u8c03\u6574\u540e\u6bcf\u80a1\u6536\u76ca\u9884\u671f\u4ece\u6b64\u524d\u76847.00\u7f8e\u5143\u81f37.20\u7f8e\u5143\u533a\u95f4\u4e0a\u8c03\u81f37.20\u7f8e\u5143\u81f37.40\u7f8e\u5143\u533a\u95f4\u3002<\/li><li><strong>\u77ed\u8bc4\uff1a<\/strong>24\u8d22\u5e74\u5e74\u7b2c\u4e8c\u5b63\u5ea6\uff0c\u516c\u53f8\u4e1a\u7ee9\u4ee4\u4eba\u5370\u8c61\u6df1\u523b\uff0c\u5c3d\u7ba1\u8425\u6536\u540c\u6bd4\u4e0b\u964d\u4e863%\uff0c\u4f46\u5176\u8425\u6536\u548c\u6bcf\u80a1\u6536\u76ca\u5747\u8d85\u51fa\u4e86\u9884\u671f\u3002\u8003\u8651\u5230\u8d44\u4ea7\u5265\u79bb\uff0c\u8be5\u516c\u53f8\u7684\u6536\u5165\u589e\u957f\u4e868.3%\uff0c\u8c03\u6574\u540e\u7684EBITDA\u5229\u6da6\u7387\u4e0e\u53bb\u5e74\u76f8\u6bd4\u663e\u8457\u589e\u957f\u4e8670\u4e2a\u57fa\u70b9\u3002\u503c\u5f97\u6ce8\u610f\u7684\u662f\uff0c\u516c\u53f8\u5f3a\u8c03\u4e86\u5176\u81f4\u529b\u4e8e\u793e\u533a\u53c2\u4e0e\uff0c\u7279\u522b\u662f\u901a\u8fc7\u5176\u9965\u997f\u884c\u52a8\u6708\u6d3b\u52a8\u3002\u8be5\u516c\u53f8\u5bf9\u5176\u6700\u8fd1\u53d6\u5f97\u7684\u6210\u5c31\u8868\u793a\u81ea\u8c6a\uff0c\u5176\u6218\u7565\u91cd\u70b9\u662f\u5229\u7528\u5176\u719f\u7ec3\u5458\u5de5\u7684\u6f5c\u529b\uff0c\u589e\u5f3a\u5176\u54c1\u724c\u5f71\u54cd\u529b\uff0c\u5e76\u5b9e\u73b0\u76c8\u5229\u7684\u6709\u673a\u589e\u957f\u3002\u66f4\u65b0\u540e\u768424\u8d22\u5e74\u6307\u5f15\u8868\u660e\uff0c\u516c\u53f8\u6709\u671b\u5b9e\u73b0\u81ea\u5206\u62c6\u4ee5\u6765\u6700\u5f3a\u52b2\u7684\u6709\u673a\u6536\u5165\u589e\u957f\u548c\u6700\u9ad8\u7684EBITDA\u5229\u6da6\u7387\uff0c\u91cd\u70b9\u662f\u63d0\u9ad8\u5229\u6da6\u7387\u3001\u589e\u52a0\u80a1\u4e1c\u56de\u62a5\uff0c\u5e76\u7ee7\u7eed\u81f4\u529b\u4e8e\u8f7b\u8d44\u4ea7\u5546\u4e1a\u6a21\u5f0f\u3002\u6b64\u5916\uff0c\u516c\u53f8\u8fd8\u5ba3\u5e03\u4e86\u5373\u5c06\u8fdb\u884c\u7684CEO\u6362\u5c4a\uff0c\u8868\u8fbe\u4e86\u5bf9\u65b0\u4efbCEO\u7ef4\u62a4\u516c\u53f8\u6210\u529f\u80fd\u529b\u7684\u4fe1\u5fc3\u3002\u8fd9\u4f4d\u5373\u5c06\u79bb\u4efb\u7684\u9996\u5e2d\u6267\u884c\u5b98\u56de\u987e\u4e86\u4ed6\u4efb\u671f\u5185\u7684\u6210\u5c31\uff0c\u5e76\u5f3a\u8c03\u4e86\u4ed6\u5c06\u786e\u4fdd\u9886\u5bfc\u6743\u987a\u5229\u8fc7\u6e21\u7684\u627f\u8bfa\u3002<strong>24\u8d22\u5e74\u7b2c\u4e09\u5b63\u5ea6\u5efa\u8bae\u4ea4\u6613\u533a\u95f4\uff1a108\u7f8e\u5143\u81f3115\u7f8e\u5143\u3002\u79ef\u6781\u524d\u666f\u3002<\/strong><\/li><\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><a href=\"#top\">Back To Top<\/a> <\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/t.me\/kgisg\"><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-69.png\" alt=\"\" class=\"wp-image-15031\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-69.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-69-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/a><\/figure>\n\n\n","protected":false},"excerpt":{"rendered":"<p>United States | Singapore | Hong Kong | Earnings Tesla Inc. (TSLA US) Shares closed at a high since Jul 2023 above the 5dEMA with a surge in volume.&nbsp; MACD is positive, RSI is constructive. Long \u2013 Entry 270, Target 290, Stop 260 Snowflake Inc. (SNOW US) Shares closed higher above the 200dEMA with constructive [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-32539","post","type-post","status-publish","format-standard","hentry","category-technical-analysis"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"United States | Singapore | Hong Kong | Earnings Shares closed at a high since Jul 2023 above the 5dEMA with a surge in volume. MACD is positive, RSI is constructive. Long \u2013 Entry 270, Target 290, Stop 260 Snowflake Inc. (SNOW US) Shares closed higher above the 200dEMA with constructive volume. 5dEMA is about\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Keith Tan\"\/>\n\t<meta name=\"keywords\" content=\"technical analysis\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.kgieworld.sg\/research\/technical-analysis-12-september-2023\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.10\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"KGI Singapore Research \u2022 Singapore&#039;s leading broker offering Futures, FX, Equities and Wealth Management.\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Technical Analysis \u2013 12 September 2023 \u2022 KGI Singapore Research\" \/>\n\t\t<meta property=\"og:description\" content=\"United States | Singapore | Hong Kong | Earnings Shares closed at a high since Jul 2023 above the 5dEMA with a surge in volume. MACD is positive, RSI is constructive. Long \u2013 Entry 270, Target 290, Stop 260 Snowflake Inc. (SNOW US) Shares closed higher above the 200dEMA with constructive volume. 5dEMA is about\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.kgieworld.sg\/research\/technical-analysis-12-september-2023\/\" \/>\n\t\t<meta property=\"og:image\" content=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/04\/KGI-Logo_\u255b\u03b5ai\u252c\u253carRGB_PNG.png?wsr\" \/>\n\t\t<meta property=\"og:image:secure_url\" content=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/04\/KGI-Logo_\u255b\u03b5ai\u252c\u253carRGB_PNG.png?wsr\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2023-09-11T23:08:00+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2023-09-12T06:52:20+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Technical Analysis \u2013 12 September 2023 \u2022 KGI Singapore Research\" \/>\n\t\t<meta name=\"twitter:description\" content=\"United States | Singapore | Hong Kong | Earnings Shares closed at a high since Jul 2023 above the 5dEMA with a surge in volume. MACD is positive, RSI is constructive. Long \u2013 Entry 270, Target 290, Stop 260 Snowflake Inc. 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