{"id":36399,"date":"2023-12-07T07:48:00","date_gmt":"2023-12-06T23:48:00","guid":{"rendered":"https:\/\/www.kgieworld.sg\/research\/?p=36399"},"modified":"2023-12-07T14:04:48","modified_gmt":"2023-12-07T06:04:48","slug":"technical-analysis-7-december-2023","status":"publish","type":"post","link":"https:\/\/www.kgieworld.sg\/research\/technical-analysis-7-december-2023\/","title":{"rendered":"Technical Analysis &#8211; 7 December 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<p class=\"wp-block-paragraph\">KB Home (KBH US)\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"609\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-67-1024x609.png\" alt=\"A graph with different colored lines\n\nDescription automatically generated\" class=\"wp-image-36424\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-67-1024x609.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-67-300x178.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-67-768x457.png 768w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-67.png 1441w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>Shares closed at a high since 2007, above the 5wEMA.\u00a0<\/li><li>Both RSI and MACD are constructive.\u00a0<\/li><li><strong>Long \u2013 Entry 55.2, Target 60.0, Stop 52.8<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"602\" height=\"128\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-68.png\" alt=\"\" class=\"wp-image-36425\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-68.png 602w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-68-300x64.png 300w\" sizes=\"(max-width: 602px) 100vw, 602px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Lowe\u2019s Companies Inc (LOW US)\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"609\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-69-1024x609.png\" alt=\"A graph of stock market\n\nDescription automatically generated\" class=\"wp-image-36426\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-69-1024x609.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-69-300x178.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-69-768x457.png 768w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-69.png 1441w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>Shares closed above the 200dEMA with rising volume. The 20dEMA is about to cross the 50dEMA.\u00a0<\/li><li>RSI is constructive and MACD is positive.\u00a0<\/li><li><strong>Long \u2013 Entry 207.9, Target 226.3, Stop 198.7<\/strong>\u00a0<\/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 loading=\"lazy\" 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 loading=\"lazy\" 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<p class=\"wp-block-paragraph\">Raffles Medical Group Ltd (RFMD SP)\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"594\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-60-1024x594.png\" alt=\"\" class=\"wp-image-36401\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-60-1024x594.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-60-300x174.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-60-768x446.png 768w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-60.png 1536w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>Shares closed above the 20dEMA with an incline in volume.\u00a0\u00a0<\/li><li>Both RSI and MACD are constructive.\u00a0<\/li><li><strong>Long \u2013 Entry 1.07, Target 1.15, Stop 1.03<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"602\" height=\"128\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-61.png\" alt=\"\" class=\"wp-image-36400\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-61.png 602w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-61-300x64.png 300w\" sizes=\"(max-width: 602px) 100vw, 602px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">ComfortDelGro Corp Ltd (CD SP)\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"594\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-62-1024x594.png\" alt=\"A graph of stock market\n\nDescription automatically generated\" class=\"wp-image-36402\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-62-1024x594.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-62-300x174.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-62-768x446.png 768w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-62.png 1536w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>Shares closed above the 20dEMA with rising volume. The 5dEMA crossed the 50dEMA.\u00a0<\/li><li>RSI is constructive, while MACD is negative.\u00a0<\/li><li><strong>Long \u2013 Entry 1.32, Target 1.38, Stop 1.29<\/strong>\u00a0<\/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<p class=\"wp-block-paragraph\">Wynn Macau Ltd (1128 HK)\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"594\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-65-1024x594.png\" alt=\"A graph of stock market\n\nDescription automatically generated\" class=\"wp-image-36405\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-65-1024x594.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-65-300x174.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-65-768x446.png 768w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-65.png 1536w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>Shares closed above the 5dEMA.\u00a0<\/li><li>Both RSI and MACD are positive.\u00a0<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Long <\/strong>\u2013 <strong>Entry 5.94, Target 6.32, Stop 5.75<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"602\" height=\"128\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-63.png\" alt=\"\" class=\"wp-image-36403\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-63.png 602w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-63-300x64.png 300w\" sizes=\"(max-width: 602px) 100vw, 602px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Sands China Ltd (1928 HK)\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"594\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-64-1024x594.png\" alt=\"\" class=\"wp-image-36404\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-64-1024x594.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-64-300x174.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-64-768x446.png 768w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/image-64.png 1536w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>Shares closed above the 20dEMA with an incline in volume.\u00a0\u00a0<\/li><li>RSI is constructive and MACD turned positive.\u00a0<\/li><li><strong>Long \u2013 Entry 20.8, Target 22.2, Stop 20.1<\/strong>\u00a0<\/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>C3.ai Inc (AI)<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>2Q24 Revenue: <\/strong>$73.23M, +17.3% YoY, miss estimates by $1.1M\u00a0<\/li><li><strong>2Q24 Non-GAAP EPS: \u2013<\/strong>$0.13, beat estimates by $0.05\u00a0<\/li><li><strong>3Q24 Guidance:<\/strong> Total revenue $74.0M \u2013 $78.0M vs. consensus of $74.33M; Non-GAAP loss from operations $40.0M- $46.0M. <strong>FY24 Guidance:<\/strong> Total revenue $295.0M \u2013 $320.0M vs. consensus of $307.88M; Non-GAAP loss from operations $115.0M \u2013 $135.0M.\u00a0<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Comment: <\/strong>C3.ai Inc reported quarterly revenue below analysts\u2019 expectations. The company also adjusted its outlook for a wider fiscal-year operating loss, now projected to be up to $135mn, compared to the earlier forecast of up to $100mn. Subscription revenue for the quarter was $66.4mn, making up 91% of total revenue, an increase of 12% YoY, amounting to $59.5mn. Customer Engagement rose 81% to 404 compared to the previous 223. Despite a 17% increase in fiscal second-quarter sales to $73.2mn, the company faces challenges expanding its market share, as indicated by the steeper-than-expected loss forecast. C3.ai plans increased spending on generative AI products, impacting short-term profitability, with the CEO targeting positive cash flow by fiscal year 2025. The company closed 62 customer agreements in the quarter, but most were pilots or under $1mn in total contract value. The company also highlighted challenges in its European sales teams, implementing a reorganisation to address performance issues. In response to the challenges it has encountered, C3.ai has proactively implemented strategic measures which would partially mitigate the impact on its financial losses. <strong>3Q24 recommended trading range: $23 to $30. Neutral Outlook.<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>C3.ai (AI)\u00a0<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>24<\/strong><strong>\u8d22\u5e74\u7b2c\u4e8c\u5b63\u8425\u6536\uff1a<\/strong>7,323\u4e07\u7f8e\u5143, \u540c\u6bd4\u589e\u5e4517.3%\uff0c\u900a\u9884\u671f110\u4e07\u7f8e\u5143\u00a0<\/li><li><strong>24<\/strong><strong>\u8d22\u5e74\u7b2c\u4e8c\u5b63<\/strong><strong>Non-GAAP\u6bcf\u80a1<\/strong><strong>\u4e8f\u635f<\/strong>\uff1a0.13\u7f8e\u5143\uff0c\u8d85\u9884\u671f0.05\u7f8e\u5143\u00a0\u00a0<\/li><li><strong>24\u8d22\u5e74<\/strong><strong>\u7b2c\u4e09\u5b63\u6307\u5f15\uff1a<\/strong>\u603b\u8425\u65367,400\u4e07\u81f37,800\u4e07\u7f8e\u5143\uff0c\u5e02\u573a\u9884\u671f\u4e3a7,433\u4e07\u7f8e\u5143\uff1bNon-GAAP\u7ecf\u8425\u4e8f\u635f4,000\u4e07\u81f34,600\u4e07\u7f8e\u5143\u3002<strong>24\u8d22\u5e74\u6307\u5f15\uff1a<\/strong>\u603b\u6536\u51652.95\u4ebf\u81f33.2\u4ebf\u7f8e\u5143\uff0c\u5e02\u573a\u9884\u671f\u4e3a3.0788\u4ebf\u7f8e\u5143\uff1bNon-GAAP\u7ecf\u8425\u4e8f\u635f1.15\u4ebf\u81f31.35\u4ebf\u7f8e\u5143\u3002\u00a0<\/li><li><strong>\u77ed\u8bc4\uff1a<\/strong>C3.ai\u516c\u53f8\u516c\u5e03\u7684\u5b63\u5ea6\u6536\u5165\u4f4e\u4e8e\u5206\u6790\u5e08\u9884\u671f\u3002\u8be5\u516c\u53f8\u8fd8\u8c03\u6574\u4e86\u5bf9\u66f4\u5e7f\u6cdb\u8d22\u5e74\u8fd0\u8425\u4e8f\u635f\u7684\u9884\u671f\uff0c\u76ee\u524d\u9884\u8ba1\u5c06\u9ad8\u8fbe1.35\u4ebf\u7f8e\u5143\uff0c\u800c\u6b64\u524d\u7684\u9884\u6d4b\u4e3a\u9ad8\u8fbe1\u4ebf\u7f8e\u5143\u3002\u672c\u5b63\u5ea6\u8ba2\u9605\u6536\u5165\u4e3a6,640\u4e07\u7f8e\u5143\uff0c\u5360\u603b\u6536\u5165\u768491%\uff0c\u540c\u6bd4\u589e\u957f12%\uff0c\u8fbe\u52305,950\u4e07\u7f8e\u5143\u3002\u5ba2\u6237\u53c2\u4e0e\u5ea6\u4ece\u4e4b\u524d\u7684223\u4e2a\u4e0a\u5347\u5230404\u4e2a\uff0c\u4e0a\u5347\u4e8681%\u3002\u5c3d\u7ba1\u7b2c\u4e8c\u8d22\u5b63\u9500\u552e\u989d\u589e\u957f\u4e8617%\uff0c\u8fbe\u52307,320\u4e07\u7f8e\u5143\uff0c\u4f46\u8be5\u516c\u53f8\u9762\u4e34\u7740\u6269\u5927\u5e02\u573a\u4efd\u989d\u7684\u6311\u6218\uff0c\u8fd9\u4ece\u9ad8\u4e8e\u9884\u671f\u7684\u4e8f\u635f\u9884\u6d4b\u4e2d\u53ef\u4ee5\u770b\u51fa\u3002C3.ai\u8ba1\u5212\u589e\u52a0\u5bf9\u751f\u6210\u5f0f\u4eba\u5de5\u667a\u80fd\u4ea7\u54c1\u7684\u652f\u51fa\uff0c\u5f71\u54cd\u77ed\u671f\u76c8\u5229\u80fd\u529b\uff0c\u9996\u5e2d\u6267\u884c\u5b98\u7684\u76ee\u6807\u662f\u52302025\u8d22\u5e74\u5b9e\u73b0\u6b63\u73b0\u91d1\u6d41\u3002\u8be5\u516c\u53f8\u5728\u672c\u5b63\u5ea6\u5b8c\u6210\u4e8662\u9879\u5ba2\u6237\u534f\u8bae\uff0c\u4f46\u5927\u591a\u6570\u662f\u8bd5\u70b9\u534f\u8bae\uff0c\u6216\u5408\u540c\u603b\u4ef7\u503c\u4f4e\u4e8e100\u4e07\u7f8e\u5143\u3002\u8be5\u516c\u53f8\u8fd8\u5f3a\u8c03\u4e86\u5176\u6b27\u6d32\u9500\u552e\u56e2\u961f\u9762\u4e34\u7684\u6311\u6218\uff0c\u5b9e\u65bd\u4e86\u91cd\u7ec4\u4ee5\u89e3\u51b3\u4e1a\u7ee9\u95ee\u9898\u3002\u4e3a\u4e86\u5e94\u5bf9\u6240\u9047\u5230\u7684\u6311\u6218\uff0cC3.ai\u5df2\u79ef\u6781\u5b9e\u65bd\u7b56\u7565\u6027\u63aa\u65bd\uff0c\u90e8\u5206\u51cf\u8f7b\u5bf9\u5176\u8d22\u52a1\u635f\u5931\u7684\u5f71\u54cd\u3002<strong>24\u8d22\u5e74\u7b2c<\/strong><strong>\u4e09\u5b63\u5ea6\u5efa\u8bae\u4ea4\u6613\u533a\u95f4\uff1a<\/strong><strong>23<\/strong><strong>\u7f8e\u5143\u81f330\u7f8e\u5143\u3002\u4e2d\u6027\u524d\u666f\u3002<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>GameStop Corp (GME)<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>3Q23 Revenue: <\/strong>$1.08B, -9.2% YoY, miss estimates by $100M\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>3Q23 Non-GAAP EPS: <\/strong>$0.00, beat estimates by $0.08\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>4Q23 Guidance:<\/strong> No guidance provided.\u00a0<\/li><li><strong>Comment: <\/strong>GameStop Corp\u2019s Q3 sales fell short of analysts\u2019 estimates at $1.08bn, impacted by heightened competition and cautious consumer spending during its transition to an online-focused model. Sales declined across software, hardware, and collectibles. Despite the revenue miss, the company outperformed expectations for a loss of 7.7 cents, attributed to reduced expenses. The gaming industry has faced challenges due to sticky inflation and high borrowing costs, causing uneven spending. GameStop, adapting to the shift in video-game sales to digital marketplaces, closed over 1,000 stores. CEO Ryan Cohen, also the largest shareholder, took over in September, gaining authority over the investment portfolio. GameStop currently holds $909mn in cash and $300.5mn in marketable securities. The CEO\u2019s strategy now combines brick-and-mortar stores with online orders, recognising market share losses to mass merchants and e-commerce giants. Looking ahead, as physical video game demand continues to wane, there is a need to speed up the process of transitioning towards an online model to ensure the continuity of GameStop\u2019s business. <strong>4Q23 recommended trading range: $11 to $16. Negative Outlook.<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u6e38\u620f\u9a7f\u7ad9<\/strong><strong>(GME)\u00a0<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>23<\/strong><strong>\u8d22\u5e74\u7b2c\u4e09\u5b63\u8425\u6536\uff1a<\/strong>10.8\u4ebf\u7f8e\u5143, \u540c\u6bd4\u8dcc\u5e459.2%\uff0c\u900a\u9884\u671f1.0\u4ebf\u7f8e\u5143\u00a0<\/li><li><strong>23<\/strong><strong>\u8d22\u5e74\u7b2c\u4e09\u5b63<\/strong><strong>Non-GAAP\u6bcf\u80a1<\/strong><strong>\u76c8\u5229<\/strong>\uff1a0.00\u7f8e\u5143\uff0c\u8d85\u9884\u671f0.08\u7f8e\u5143\u00a0\u00a0<\/li><li><strong>23<\/strong><strong>\u8d22\u5e74\u7b2c\u56db\u5b63\u6307\u5f15\uff1a<\/strong>\u4e0d\u63d0\u4f9b\u6307\u5f15\u3002\u00a0<\/li><li><strong>\u77ed\u8bc4\uff1a<\/strong>\u6e38\u620f\u9a7f\u7ad9\u7b2c\u4e09\u5b63\u5ea6\u9500\u552e\u989d\u4f4e\u4e8e\u5206\u6790\u5e08\u7684\u9884\u671f\uff0c\u4e3a10.8\u4ebf\u7f8e\u5143\uff0c\u53d7\u7ade\u4e89\u52a0\u5267\u548c\u6d88\u8d39\u8005\u652f\u51fa\u8c28\u614e\u7684\u5f71\u54cd\uff0c\u8be5\u516c\u53f8\u6b63\u5728\u5411\u4ee5\u5728\u7ebf\u4e3a\u4e2d\u5fc3\u7684\u6a21\u5f0f\u8fc7\u6e21\u3002\u8f6f\u4ef6\u3001\u786c\u4ef6\u548c\u6536\u85cf\u54c1\u7684\u9500\u552e\u989d\u90fd\u6709\u6240\u4e0b\u964d\u3002\u5c3d\u7ba1\u8425\u6536\u4f4e\u4e8e\u9884\u671f\uff0c\u4f46\u7531\u4e8e\u652f\u51fa\u51cf\u5c11\uff0c\u8be5\u516c\u53f8\u8868\u73b0\u597d\u4e8e\u9884\u671f\u7684\u4e8f\u635f7.7\u7f8e\u5206\u3002\u7531\u4e8e\u7c98\u6027\u901a\u8d27\u81a8\u80c0\u548c\u9ad8\u501f\u8d37\u6210\u672c\uff0c\u5bfc\u81f4\u652f\u51fa\u4e0d\u5747\uff0c\u6e38\u620f\u884c\u4e1a\u9762\u4e34\u6311\u6218\u3002\u4e3a\u4e86\u9002\u5e94\u7535\u5b50\u6e38\u620f\u9500\u552e\u5411\u6570\u5b57\u5e02\u573a\u7684\u8f6c\u53d8\uff0c\u516c\u53f8\u5173\u95ed\u4e861000\u591a\u5bb6\u5546\u5e97\u3002\u9996\u5e2d\u6267\u884c\u5b98\u745e\u6069\u00b7\u79d1\u6069(Ryan Cohen)\u4e5f\u662f\u6700\u5927\u7684\u80a1\u4e1c\uff0c\u4ed6\u4e8e9\u6708\u4efd\u63a5\u4efb\uff0c\u83b7\u5f97\u4e86\u5bf9\u6295\u8d44\u7ec4\u5408\u7684\u63a7\u5236\u6743\u3002\u516c\u53f8\u76ee\u524d\u6301\u67099.09\u4ebf\u7f8e\u5143\u73b0\u91d1\u548c3.005\u4ebf\u7f8e\u5143\u6709\u4ef7\u8bc1\u5238\u3002\u8fd9\u4f4d\u9996\u5e2d\u6267\u884c\u5b98\u73b0\u5728\u7684\u6218\u7565\u662f\u5c06\u5b9e\u4f53\u5e97\u4e0e\u5728\u7ebf\u8ba2\u5355\u7ed3\u5408\u8d77\u6765\uff0c\u627f\u8ba4\u5927\u4f17\u5546\u5bb6\u548c\u7535\u5b50\u5546\u52a1\u5de8\u5934\u7684\u5e02\u573a\u4efd\u989d\u635f\u5931\u3002\u5c55\u671b\u672a\u6765\uff0c\u968f\u7740\u5b9e\u4f53\u89c6\u9891\u6e38\u620f\u7684\u9700\u6c42\u6301\u7eed\u51cf\u5f31\uff0c\u6709\u5fc5\u8981\u52a0\u5feb\u5411\u5728\u7ebf\u6a21\u5f0f\u8fc7\u6e21\u7684\u8fdb\u7a0b\uff0c\u4ee5\u786e\u4fdd\u516c\u53f8\u4e1a\u52a1\u7684\u8fde\u7eed\u6027\u3002<strong>23<\/strong><strong>\u8d22\u5e74\u7b2c\u56db\u5b63\u5ea6\u5efa\u8bae\u4ea4\u6613\u533a\u95f4\uff1a<\/strong><strong>11<\/strong><strong>\u7f8e\u5143\u81f3<\/strong><strong>16<\/strong><strong>\u7f8e\u5143\u3002\u8d1f\u9762\u524d\u666f\u3002<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Campbell Soup Co (CPB)<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>1Q24 Revenue: <\/strong>$2.52B, -2.3% YoY, in-line with estimates\u00a0<\/li><li><strong>1Q24 Non-GAAP EPS: <\/strong>$0.91, beat estimates by $0.03\u00a0<\/li><li><strong>FY24 Guidance:<\/strong> Reaffirms full-year FY24 guidance, expected to reflect volume declines in the first half of FY24 with sequential improvement leading to positive volume trends in the second half.\u00a0 Additionally, net sales growth is anticipated to reflect lower contribution from pricing and disciplined levels of promotion, continues to expect modest earnings and margin progress in FY24, weighted to the second half, reflecting a moderating inflationary environment and ongoing productivity improvements and continues to expect the acquisition of Sovos Brands, Inc. (Sovos Brands) to close in calendar year 2024.\u00a0<\/li><li><strong>Comment: <\/strong>Campbell Soup exceeded Wall Street\u2019s profit expectations for the quarter, driven by higher snacks and packaged food prices, countering reduced demand from cost-conscious consumers.\u00a0 The company affirmed its full-year 2024 outlook.\u00a0 Despite a 2% decline in net sales, Campbell surpassed profit estimates.\u00a0 The global trend of food makers raising prices to offset input and labour costs continued, with Campbell experiencing a 2% rise in average selling prices for meals and beverages and a 5% increase for snack brands.\u00a0 However, overall volumes declined by 5%, as consumers opted for cheaper alternatives amid ongoing inflation.\u00a0 The CEO noted pressure on the ready-to-serve and condensed soup businesses but highlighted improvement across all segments in the last four weeks, including the Thanksgiving holiday.\u00a0 Campbell has been increasing its promotional efforts to gain market share, evidenced by a 10% rise in marketing and selling expenses during the quarter.\u00a0 Even with fluctuating demand for its goods, the price increase has helped maintain its sales figures. <strong>2Q24 recommended trading range: $40 to $48. Positive Outlook.<\/strong>\u00a0<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u91d1\u5b9d\u6c64<\/strong><strong>(CPB)\u00a0<\/strong>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>24<\/strong><strong>\u8d22\u5e74\u7b2c\u4e00\u5b63\u8425\u6536\uff1a<\/strong>25.2\u4ebf\u7f8e\u5143, \u540c\u6bd4\u8dcc\u5e452.3%\uff0c\u7b26\u5408\u9884\u671f\u00a0<\/li><li><strong>24<\/strong><strong>\u8d22\u5e74\u7b2c\u4e00\u5b63<\/strong><strong>Non-GAAP\u6bcf\u80a1<\/strong><strong>\u76c8\u5229<\/strong>\uff1a0.91\u7f8e\u5143\uff0c\u8d85\u9884\u671f0.03\u7f8e\u5143\u00a0\u00a0<\/li><li><strong>24<\/strong><strong>\u8d22\u5e74\u6307\u5f15\uff1a<\/strong>\u91cd\u753324\u8d22\u5e74\u5168\u5e74\u6307\u5bfc\uff0c\u9884\u8ba1\u5c06\u53cd\u662024\u8d22\u5e74\u4e0a\u534a\u5e74\u7684\u9500\u91cf\u4e0b\u964d\uff0c\u4e0b\u534a\u5e74\u7684\u8fde\u7eed\u6539\u5584\u5c06\u5e26\u6765\u79ef\u6781\u7684\u9500\u91cf\u8d8b\u52bf\u3002\u6b64\u5916\uff0c\u9884\u8ba1\u51c0\u9500\u552e\u589e\u957f\u5c06\u53cd\u6620\u4ef7\u683c\u548c\u4fc3\u9500\u6c34\u5e73\u7684\u8d21\u732e\u964d\u4f4e\uff0c\u9884\u8ba124\u8d22\u5e74\u7684\u76c8\u5229\u548c\u5229\u6da6\u7387\u5c06\u7ee7\u7eed\u9002\u5ea6\u589e\u957f\uff0c\u5e76\u52a0\u6743\u81f3\u4e0b\u534a\u5e74\uff0c\u53cd\u6620\u51fa\u901a\u80c0\u73af\u5883\u7684\u7f13\u548c\u548c\u751f\u4ea7\u7387\u7684\u6301\u7eed\u63d0\u9ad8\uff0c\u5e76\u7ee7\u7eed\u9884\u8ba1\u5bf9Sovos Brands, Inc. (Sovos Brands)\u7684\u6536\u8d2d\u5c06\u57282024\u65e5\u5386\u5e74\u5b8c\u6210\u3002\u00a0<\/li><li><strong>\u77ed\u8bc4\uff1a<\/strong>\u53d7\u96f6\u98df\u548c\u5305\u88c5\u98df\u54c1\u4ef7\u683c\u4e0a\u6da8\u7684\u63a8\u52a8\uff0c\u91d1\u5b9d\u6c64\u672c\u5b63\u5ea6\u7684\u5229\u6da6\u8d85\u51fa\u4e86\u534e\u5c14\u8857\u7684\u9884\u671f\uff0c\u62b5\u6d88\u4e86\u6ce8\u91cd\u6210\u672c\u7684\u6d88\u8d39\u8005\u9700\u6c42\u51cf\u5c11\u7684\u5f71\u54cd\u3002\u8be5\u516c\u53f8\u786e\u8ba4\u4e86\u51762024\u5e74\u5168\u5e74\u5c55\u671b\u3002\u5c3d\u7ba1\u51c0\u9500\u552e\u989d\u4e0b\u964d\u4e862%\uff0c\u4f46\u91d1\u5b9d\u6c64\u7684\u5229\u6da6\u8d85\u51fa\u4e86\u9884\u671f\u3002\u98df\u54c1\u5236\u9020\u5546\u63d0\u9ad8\u4ef7\u683c\u4ee5\u62b5\u6d88\u6295\u5165\u548c\u52b3\u52a8\u529b\u6210\u672c\u7684\u5168\u7403\u8d8b\u52bf\u4ecd\u5728\u7ee7\u7eed\uff0c\u91d1\u5b9d\u6c64\u7684\u9910\u996e\u548c\u996e\u6599\u5e73\u5747\u552e\u4ef7\u4e0a\u6da8\u4e862%\uff0c\u96f6\u98df\u54c1\u724c\u7684\u5e73\u5747\u552e\u4ef7\u4e0a\u6da8\u4e865%\u3002\u7136\u800c\uff0c\u7531\u4e8e\u6d88\u8d39\u8005\u5728\u6301\u7eed\u7684\u901a\u8d27\u81a8\u80c0\u4e2d\u9009\u62e9\u4e86\u66f4\u4fbf\u5b9c\u7684\u66ff\u4ee3\u54c1\uff0c\u6574\u4f53\u9500\u91cf\u4e0b\u964d\u4e865%\u3002\u8fd9\u4f4d\u9996\u5e2d\u6267\u884c\u5b98\u6307\u51fa\uff0c\u5373\u98df\u548c\u6d53\u7f29\u6c64\u4e1a\u52a1\u9762\u4e34\u538b\u529b\uff0c\u4f46\u4ed6\u5f3a\u8c03\uff0c\u8fc7\u53bb\u56db\u5468\uff0c\u5305\u62ec\u611f\u6069\u8282\u5047\u671f\u5728\u5185\u7684\u6240\u6709\u4e1a\u52a1\u90fd\u6709\u6240\u6539\u5584\u3002\u91d1\u5b9d\u6c64\u4e00\u76f4\u5728\u52a0\u5927\u4fc3\u9500\u529b\u5ea6\u4ee5\u83b7\u5f97\u5e02\u573a\u4efd\u989d\uff0c\u672c\u5b63\u5ea6\u8425\u9500\u548c\u9500\u552e\u8d39\u7528\u589e\u957f\u4e8610%\u5c31\u662f\u660e\u8bc1\u3002\u5373\u4f7f\u5bf9\u5176\u4ea7\u54c1\u7684\u9700\u6c42\u6ce2\u52a8\uff0c\u4ef7\u683c\u4e0a\u6da8\u4e5f\u6709\u52a9\u4e8e\u7ef4\u6301\u5176\u9500\u552e\u6570\u5b57\u3002<strong>24<\/strong><strong>\u8d22\u5e74\u7b2c\u4e8c\u5b63\u5ea6\u5efa\u8bae\u4ea4\u6613\u533a\u95f4\uff1a<\/strong><strong>40<\/strong><strong>\u7f8e\u5143\u81f3<\/strong><strong>48<\/strong><strong>\u7f8e\u5143\u3002\u79ef\u6781\u524d\u666f\u3002<\/strong>\u00a0<\/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 KB Home (KBH US)\u00a0 Shares closed at a high since 2007, above the 5wEMA.\u00a0 Both RSI and MACD are constructive.\u00a0 Long \u2013 Entry 55.2, Target 60.0, Stop 52.8\u00a0 Lowe\u2019s Companies Inc (LOW US)\u00a0 Shares closed above the 200dEMA with rising volume. The 20dEMA is about to [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_eb_attr":"","_uag_custom_page_level_css":"","footnotes":""},"categories":[30],"tags":[],"class_list":["post-36399","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 at a high since 2007, above the 5wEMA. Both RSI and MACD are constructive. Long \u2013 Entry 55.2, Target 60.0, Stop 52.8 Lowe&#039;s Companies Inc (LOW US) Shares closed above the 200dEMA with rising volume. The 20dEMA is about to cross the 50dEMA. RSI\" \/>\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-december-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 December 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 2007, above the 5wEMA. Both RSI and MACD are constructive. Long \u2013 Entry 55.2, Target 60.0, Stop 52.8 Lowe&#039;s Companies Inc (LOW US) Shares closed above the 200dEMA with rising volume. The 20dEMA is about to cross the 50dEMA. RSI\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.kgieworld.sg\/research\/technical-analysis-7-december-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=\"2023-12-06T23:48:00+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2023-12-07T06:04:48+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Technical Analysis \u2013 7 December 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 2007, above the 5wEMA. Both RSI and MACD are constructive. Long \u2013 Entry 55.2, Target 60.0, Stop 52.8 Lowe&#039;s Companies Inc (LOW US) Shares closed above the 200dEMA with rising volume. The 20dEMA is about to cross the 50dEMA. RSI\" \/>\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-december-2023\\\/#blogposting\",\"name\":\"Technical Analysis \\u2013 7 December 2023 \\u2022 KGI Singapore Research\",\"headline\":\"Technical Analysis &#8211; 7 December 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-december-2023\\\/#articleImage\",\"width\":637,\"height\":135},\"datePublished\":\"2023-12-07T07:48:00+08:00\",\"dateModified\":\"2023-12-07T14:04:48+08:00\",\"inLanguage\":\"en-US\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-7-december-2023\\\/#webpage\"},\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-7-december-2023\\\/#webpage\"},\"articleSection\":\"Technical Analysis\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-7-december-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-december-2023\\\/#listItem\",\"name\":\"Technical Analysis &#8211; 7 December 2023\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-7-december-2023\\\/#listItem\",\"position\":3,\"name\":\"Technical Analysis &#8211; 7 December 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-december-2023\\\/#organizationLogo\",\"width\":512,\"height\":512},\"image\":{\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-7-december-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-december-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-december-2023\\\/#webpage\",\"url\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-7-december-2023\\\/\",\"name\":\"Technical Analysis \\u2013 7 December 2023 \\u2022 KGI Singapore Research\",\"description\":\"United States | Singapore | Hong Kong | Earnings Shares closed at a high since 2007, above the 5wEMA. 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