{"id":35170,"date":"2023-11-07T07:19:00","date_gmt":"2023-11-06T23:19:00","guid":{"rendered":"https:\/\/www.kgieworld.sg\/research\/?p=35170"},"modified":"2023-11-07T15:47:07","modified_gmt":"2023-11-07T07:47:07","slug":"technical-analysis-7-november-2023","status":"publish","type":"post","link":"https:\/\/www.kgieworld.sg\/research\/technical-analysis-7-november-2023\/","title":{"rendered":"Technical Analysis &#8211; 7 November 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\">Colgate-Palmolive Co (CL US)<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/DobP00Woc8YJRmhwyPz7eKMHqsbFL7XhkuDLZkpMySzY6HSnBkqKWvmeXrvppOKcY771_WRlMStyx35CFb5OYoggUPR7LVgxVlahMBnFKga6EMiZ40-SLOoaIcdC5uyrRJehCJjN4Y4zbyidpjVDrVM\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>Shares closed above the 200dEMA. The 5dEMA touched the 200dEMA.<\/li><li>Both RSI and MACD are constructive.<\/li><li><strong>Long <\/strong>\u2013 <strong>Entry 75.0, Target 80.0, Stop 72.5<\/strong><\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/YiV8CQcBcAfEWv9jIA82r9MYHd9qhE-HShE-M7jJ9y5bW0KUfaRXuRV6K86tFgBK7HnwEafOBgsUiCgXa9JmU158GnfwifVs9CfOGTiCzHoLMmCnDrCANwTViGxDN6p8bxQ8bznrQkcpM_rAjlOvEm0\" alt=\"\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Clorox Co (CLX US)<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/7mPkHbwd-5UK3kqKeJG7jxnQu8DqewrBCQwekHLYhmPpOJN1taZA8piFTZWJ66uRNAiTcEMENKaxcFxXKadSv-o1vy3N-ZWIzHYSr4HQBMQZ_5tdiTU5hZKT0dyoS9a3hozux7m91fAEjPsGezjRXAg\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>Shares closed above the 20dEMA with rising volume. The 5dEMA touched the 20dEMA.<\/li><li>RSI is constructive and MACD is positive.<\/li><li><strong>Long <\/strong>\u2013 <strong>Entry 127.0, Target 138.0, Stop 121.5<\/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\">Frencken Group Ltd (FRKN SP)<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/EpffIoFrE_tan1c4YDcT4tPFvxemihifod3H-xVhxSI_wYBbjc7ad2JTLwmg5ugtHDZ6IvkLVWZQrEf3-6_FG1TTzBHsRbmD9XPfgXa_f7-5VWzs8zIFVCUnYw2JrGo3bFUWNsMrzduBCdlXbuNYNuc\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>Shares closed higher above the 20dEMA. The 5dEMA crossed the 20dEMA.\u00a0<\/li><li>RSI is constructive and MACD just turned positive.<\/li><li><strong>Long <\/strong>\u2013 <strong>Entry 1.13, Target 1.19 Stop 1.10<\/strong><\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/_tqtduIwFkWAQjwJiDA4dJWZuRj7vjHHIjWRE5B11GToUR0Fl5qfE3A-bdqw4vqQsrYvka3OXkI45ViezEesKGIVUS1t27hBaESgdhPOZsjNi8tBBvkOXL6WUXK2q7TUOPId7K0r7QSLhbhbfe63ATU\" alt=\"\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">City Developments Ltd (CIT SP)<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/Z7ZwSuRmRWv0aDlSRS1cIhgGjNufIivVQhkI6KnwZnDYSSi6ewsSs1lJKd4XHPIZ7VmN1-e54epf66-3-mJ_79fbtL2NHHxaMMugbtEKHVnZSH-KHzVBsMkFPDfiQTK4ZE-yXCbHP0OVVNTNogreNcM\" width=\"602\" height=\"340\"><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Shares closed above the 50dEMA with rising volume. The 5dEMA crossed the 20dEMA.\u00a0<\/li><li>RSI and MACD are constructive.<\/li><li><strong>Long <\/strong>\u2013 <strong>Entry 6.58 Target 6.90 Stop 6.42<\/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\">Galaxy Entertainment Group Ltd (27 HK)<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/ri3NkYJm4oOUOgcYjVEhB6D5YrDnMeCCKFQM5jluTKJdx9P3Kd6xgOenbgftGpYlNp2kBlTSQwcALWfHO1KW-bKvZYPu1zJJ4EQCz78Qt6SDYxgQFFgDfes5XIkez5aFIaHgzJzNz4eRR6Aa7BxuEPw\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>Shares closed above the 20dEMA with rising volume. The 5dEMA is about to cross the 20dEMA.<\/li><li>RSI is constructive and MACD is positive.<\/li><li><strong>Long <\/strong>\u2013 <strong>Entry 45.6, Target 48.8, Stop 44.0<\/strong><\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/3K8VPjurYvYoZ58p0ISQdaFXigPZp3-AFZuPWPqBQqioPws8WPgzO1-ULTSm9WnsootMkPgf22uDAGYZy8ImM1FNfOJP6KrwQQ34AzgYwfr9hkaG9UeCgu6gfRPNN4iz8Z6mwMlK-HGJa0aDRYchOzY\" alt=\"\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Sands China Ltd (1928 HK)<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/OltOitrEG3NDBICs0hWWdb3u-LGtcywz-bm9G6KiuUQPruVxP0f_LgG3cknbNftQzApOa54oXm9v2BNMP9zrVPs8ecaPfGfZXpHSYaudLC-tyfqugEgu0iJsD5QNsKtTY5lO0LtCCEAtbAkwKaWEw-M\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>Shares closed above the 20dEMA with an increase in volume. The 5dEMA is about to cross the 20dEMA.<\/li><li>Both RSI and MACD are constructive.<\/li><li><strong>Long \u2013 Entry 22.2, Target 24.2, Stop 21.2<\/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>NXP Semiconductors NV (NXPI)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>3Q23 Revenue: <\/strong>$3.43B, -0.6% YoY, beat estimates by $30M<\/li><li><strong>3Q23 Non-GAAP EPS:<\/strong> $3.70, beat estimates by $0.11<\/li><li><strong>4Q23 Guidance:<\/strong> Total Revenue $3.3B- $3.5B; GAAP EPS $2.71- $3.13; Non-GAAP EPS $3.44- $3.86; Operating Margin 28.1%- 30.3%<\/li><li><strong>Comment:<\/strong> NXP Semiconductors reported revenue and earnings that exceeded analysts\u2019 expectations, it has also projected fourth-quarter profit exceeding expectations. This is attributable to a robust automotive market and consistent industrial demand counterbalancing declines in other key sectors. Furthermore, the company has been passing increased costs on to its customers as a measure to safeguard its profits. The reported strong demand in the automotive sector can be seen particularly in China, which accounts for about 30% of NXP\u2019s total revenue. The recovery in demand for iPhones, which use NXP\u2019s near-field communications chip, has also contributed to its sales. However, the company\u2019s communication infrastructure business slightly underperformed, which is a cause for concern regarding potential chip demand reductions after months of stockpiling and declining electric vehicle demand. Despite worries about its Automotive segment, its largest revenue segment, being impacted, we believe that the company is confident in its current quarter performance with its other revenue segments seeing growth. <strong>4Q23 recommended trading range<\/strong><strong>: $170 to $200. Positive Outlook.\u00a0<\/strong><\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u6069\u667a\u6d66\u534a\u5bfc\u4f53 (NXPI)\u00a0<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>23\u8d22\u5e74\u7b2c\u4e09\u5b63\u8425\u6536\uff1a<\/strong>34.3\u4ebf\u7f8e\u5143, \u540c\u6bd4\u8dcc\u5e450.6%\uff0c\u8d85\u9884\u671f3,000\u4e07\u7f8e\u5143<\/li><li><strong>23\u8d22\u5e74\u7b2c\u4e09\u5b63Non-GAAP\u6bcf\u80a1\u76c8\u5229<\/strong>\uff1a3.70\u7f8e\u5143\uff0c\u8d85\u9884\u671f0.11\u7f8e\u5143\u00a0\u00a0<\/li><li><strong>23\u8d22\u5e74\u7b2c\u56db\u5b63\u6307\u5f15\uff1a<\/strong>\u8425\u6536\u572833\u4ebf\u81f335\u4ebf\u7f8e\u5143\u4e4b\u95f4\uff0cGAAP\u6bcf\u80a1\u6536\u76ca2.71\u81f33.13\u7f8e\u5143\uff1bNon-GAAP\u6bcf\u80a1\u6536\u76ca3.44\u81f33.86\u7f8e\u5143\uff1b\u8425\u4e1a\u5229\u6da6\u738728.1%\u81f330.3%\u3002<\/li><li><strong>\u77ed\u8bc4\uff1a<\/strong>\u6069\u667a\u6d66\u534a\u5bfc\u4f53\u516c\u5e03\u7684\u8425\u6536\u548c\u76c8\u5229\u5747\u8d85\u51fa\u5206\u6790\u5e08\u9884\u671f\uff0c\u8be5\u516c\u53f8\u8fd8\u9884\u8ba1\u7b2c\u56db\u5b63\u5ea6\u5229\u6da6\u8d85\u51fa\u9884\u671f\u3002\u8fd9\u662f\u7531\u4e8e\u5f3a\u52b2\u7684\u6c7d\u8f66\u5e02\u573a\u548c\u6301\u7eed\u7684\u5de5\u4e1a\u9700\u6c42\u62b5\u6d88\u4e86\u5176\u4ed6\u5173\u952e\u90e8\u95e8\u7684\u4e0b\u964d\u3002\u6b64\u5916\uff0c\u8be5\u516c\u53f8\u4e00\u76f4\u5728\u5c06\u589e\u52a0\u7684\u6210\u672c\u8f6c\u5ac1\u7ed9\u5ba2\u6237\uff0c\u4ee5\u4fdd\u62a4\u5176\u5229\u6da6\u3002\u636e\u62a5\u9053\uff0c\u6c7d\u8f66\u884c\u4e1a\u7684\u5f3a\u52b2\u9700\u6c42\u5728\u4e2d\u56fd\u5c24\u4e3a\u660e\u663e\uff0c\u4e2d\u56fd\u5e02\u573a\u7ea6\u5360\u6069\u667a\u6d66\u603b\u6536\u5165\u768430%\u3002\u4f7f\u7528\u6069\u667a\u6d66\u8fd1\u573a\u901a\u4fe1\u82af\u7247\u7684iPhone\u9700\u6c42\u590d\u82cf\u4e5f\u4fc3\u8fdb\u4e86\u8be5\u516c\u53f8\u7684\u9500\u552e\u3002\u7136\u800c\uff0c\u8be5\u516c\u53f8\u7684\u901a\u4fe1\u57fa\u7840\u8bbe\u65bd\u4e1a\u52a1\u8868\u73b0\u7565\u5dee\uff0c\u8fd9\u4ee4\u4eba\u62c5\u5fc3\uff0c\u5728\u6570\u6708\u7684\u5e93\u5b58\u548c\u7535\u52a8\u6c7d\u8f66\u9700\u6c42\u4e0b\u964d\u4e4b\u540e\uff0c\u82af\u7247\u9700\u6c42\u53ef\u80fd\u4f1a\u51cf\u5c11\u3002\u5c3d\u7ba1\u62c5\u5fc3\u5176\u6700\u5927\u7684\u6536\u5165\u90e8\u95e8\u6c7d\u8f66\u90e8\u95e8\u53d7\u5230\u5f71\u54cd\uff0c\u4f46\u6211\u4eec\u76f8\u4fe1\u8be5\u516c\u53f8\u5bf9\u5176\u5f53\u524d\u5b63\u5ea6\u7684\u8868\u73b0\u5145\u6ee1\u4fe1\u5fc3\uff0c\u5176\u5176\u4ed6\u6536\u5165\u90e8\u95e8\u4e5f\u5c06\u51fa\u73b0\u589e\u957f\u3002<strong>23\u8d22\u5e74\u7b2c\u56db\u5b63\u5ea6\u5efa\u8bae\u4ea4\u6613\u533a\u95f4\uff1a170\u7f8e\u5143\u81f3200\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 Colgate-Palmolive Co (CL US) Shares closed above the 200dEMA. The 5dEMA touched the 200dEMA. Both RSI and MACD are constructive. Long \u2013 Entry 75.0, Target 80.0, Stop 72.5 Clorox Co (CLX US) Shares closed above the 20dEMA with rising volume. The 5dEMA touched the 20dEMA. RSI [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_uag_custom_page_level_css":"","footnotes":""},"categories":[30],"tags":[],"class_list":["post-35170","post","type-post","status-publish","format-standard","hentry","category-technical-analysis"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"United States | Singapore | Hong Kong | Earnings Shares closed above the 200dEMA. The 5dEMA touched the 200dEMA. Both RSI and MACD are constructive. Long \u2013 Entry 75.0, Target 80.0, Stop 72.5 Clorox Co (CLX US) Shares closed above the 20dEMA with rising volume. The 5dEMA touched the 20dEMA. RSI is constructive and MACD\" \/>\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-7-november-2023\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.8\" \/>\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 7 November 2023 \u2022 KGI Singapore Research\" \/>\n\t\t<meta property=\"og:description\" content=\"United States | Singapore | Hong Kong | Earnings Shares closed above the 200dEMA. The 5dEMA touched the 200dEMA. Both RSI and MACD are constructive. Long \u2013 Entry 75.0, Target 80.0, Stop 72.5 Clorox Co (CLX US) Shares closed above the 20dEMA with rising volume. The 5dEMA touched the 20dEMA. RSI is constructive and MACD\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.kgieworld.sg\/research\/technical-analysis-7-november-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=\"2023-11-06T23:19:00+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2023-11-07T07:47:07+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Technical Analysis \u2013 7 November 2023 \u2022 KGI Singapore Research\" \/>\n\t\t<meta name=\"twitter:description\" content=\"United States | Singapore | Hong Kong | Earnings Shares closed above the 200dEMA. The 5dEMA touched the 200dEMA. Both RSI and MACD are constructive. Long \u2013 Entry 75.0, Target 80.0, Stop 72.5 Clorox Co (CLX US) Shares closed above the 20dEMA with rising volume. The 5dEMA touched the 20dEMA. RSI is constructive and MACD\" \/>\n\t\t<meta name=\"twitter:image\" content=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/04\/KGI-Logo_\u255b\u03b5ai\u252c\u253carRGB_PNG.png?wsr\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BlogPosting\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-7-november-2023\\\/#blogposting\",\"name\":\"Technical Analysis \\u2013 7 November 2023 \\u2022 KGI Singapore Research\",\"headline\":\"Technical Analysis &#8211; 7 November 2023\",\"author\":{\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/author\\\/keithtan\\\/#author\"},\"publisher\":{\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/#organization\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/word-image-54.png?wsr\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-7-november-2023\\\/#articleImage\",\"width\":637,\"height\":135},\"datePublished\":\"2023-11-07T07:19:00+08:00\",\"dateModified\":\"2023-11-07T15:47:07+08:00\",\"inLanguage\":\"en-US\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-7-november-2023\\\/#webpage\"},\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-7-november-2023\\\/#webpage\"},\"articleSection\":\"Technical Analysis\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-7-november-2023\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/category\\\/technical-analysis\\\/#listItem\",\"name\":\"Technical Analysis\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/category\\\/technical-analysis\\\/#listItem\",\"position\":2,\"name\":\"Technical Analysis\",\"item\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/category\\\/technical-analysis\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-7-november-2023\\\/#listItem\",\"name\":\"Technical Analysis &#8211; 7 November 2023\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-7-november-2023\\\/#listItem\",\"position\":3,\"name\":\"Technical Analysis &#8211; 7 November 2023\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/category\\\/technical-analysis\\\/#listItem\",\"name\":\"Technical Analysis\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/#organization\",\"name\":\"KGI Research Singapore\",\"description\":\"Singapore's leading broker offering Futures, FX, Equities and Wealth Management.\",\"url\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/\",\"telephone\":\"+6562021188\",\"logo\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/wp-content\\\/uploads\\\/2020\\\/11\\\/cropped-Square-logo-PNG.png?wsr\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-7-november-2023\\\/#organizationLogo\",\"width\":512,\"height\":512},\"image\":{\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-7-november-2023\\\/#organizationLogo\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/author\\\/keithtan\\\/#author\",\"url\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/author\\\/keithtan\\\/\",\"name\":\"Keith Tan\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-7-november-2023\\\/#authorImage\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6e081ee53ea613f8e7be4f0607b3f5c1a3d295ee583a0f5bb51e9c300635ad2e?s=96&d=mm&r=g\",\"width\":96,\"height\":96,\"caption\":\"Keith Tan\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-7-november-2023\\\/#webpage\",\"url\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-7-november-2023\\\/\",\"name\":\"Technical Analysis \\u2013 7 November 2023 \\u2022 KGI Singapore Research\",\"description\":\"United States | Singapore | Hong Kong | Earnings Shares closed above the 200dEMA. 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