Friday, August 1st, 2025

Bullish trend: Advanced Micro Devices, Nvidia Corp, Frencken, UMS, Tencent, Alibaba

Advanced Micro Devices, Inc. (AMD US)
Date Published: September 26, 2024
Stock Performance: AMD shares closed at $158.18, up $1.30 (+2.36%).
Technical Indicators:
Moving Averages: The 20-day EMA and 50-day EMA have crossed the 200-day EMA, which is a bullish signal.
MACD: Positive, indicating momentum is in favor of the bulls.
RSI: Constructive at 54.19, suggesting that the stock is neither overbought nor oversold.
Trading Recommendation:
Entry Point: $160
Target Price: $180
Stop Loss: $150
Note: Shares reached a high since July 2024, indicating a potential upward trend.

Nvidia Corp. (NVDA US)
Date Published: September 26, 2024
Stock Performance: NVDA shares closed at $122.02, up $2.64 (+2.18%).
Technical Indicators:
EMA Analysis: Shares closed above the 5-day EMA.
MACD: Positive, suggesting bullish momentum.
RSI: Constructive at 58.07, indicating a healthy range for trading.
Trading Recommendation:
Entry Point: $121
Target Price: $131
Stop Loss: $116
Note: The stock shows a consistent upward momentum.

Frencken Group Ltd. (FRKN SP)
Date Published: September 26, 2024
Stock Performance: Closed at $1.33, up $0.06 (+4.50%).
Technical Indicators:
EMA Analysis: Closed higher above the 50-day EMA.
Volume Surge: Indicates increased investor interest.
MACD and RSI: Both are positive and constructive.
Trading Recommendation:
Entry Point: $1.35
Target Price: $1.45
Stop Loss: $1.30
Note: The stock’s performance shows a bullish trend.

UMS Integration Ltd. (USMH SP)
Date Published: September 26, 2024
Stock Performance: Closed at $1.05, down $0.02 (-1.90%).
Technical Indicators:
EMA Analysis: Closed above the 50-day EMA with increasing volume.
MACD and RSI: Positive and constructive.
Trading Recommendation:
Entry Point: $1.06
Target Price: $1.12
Stop Loss: $1.03
Note: The stock is showing signs of recovery.

Tencent Holdings Ltd (700 HK)
Date Published: September 26, 2024
Stock Performance: Closed at HKD 430.0, up HKD 41.4 (+10.65%).
Technical Indicators:
EMA Analysis: Closed at a 52-week high above the 5-week EMA.
MACD: Positive, indicating strong bullish momentum.
RSI: At overbought levels, suggesting caution for new positions.
Trading Recommendation:
Entry Point: HKD 418
Target Price: HKD 454
Stop Loss: HKD 400
Note: The significant volume increase indicates robust market interest.

Alibaba Group Holding Ltd (9988 HK)
Date Published: September 26, 2024
Stock Performance: Closed at HKD 97.75, up HKD 10.55 (+12.10%).
Technical Indicators:
EMA Analysis: Closed above the 52-week high and the 5-week EMA.
Volume Surge: Indicates strong buying interest.
MACD and RSI: Positive with RSI at overbought levels.
Trading Recommendation:
Entry Point: HKD 95
Target Price: HKD 103
Stop Loss: HKD 91

Thank you

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