Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

Stocks we're looking at after rate cuts last week - PHM, KKR and more

avatar
Trader’s Edge wrote a column · Sep 23 10:51
Stocks we're looking at after rate cuts last week - PHM, KKR and more
Stocks to Watch
Pulte Group Inc (PHM US) $PulteGroup (PHM.US)$
Stocks we're looking at after rate cuts last week - PHM, KKR and more
Daily Chart -[BULLISH ↗ **] PHM shaped a bullish breakout of ascending wedge. As long as price is holding above 136.28 support, a further push higher towards 152.00 resistance is expected. Technical indicators are advocating for a bullish scenario as well.
Alternatively: A daily candlestick closing below 136.28 support will open a drop towards next support at 129.80.
KKR and Co Inc (KKR US) $KKR & Co (KKR.US)$
Stocks we're looking at after rate cuts last week - PHM, KKR and more
Daily Chart -[BULLISH ↗ **] KKR is in a long term up trend since October 2023. With price holding above ascending trendline support, a pause is expected above 123.80 support before shaping a fresh push higher towards 148.90 resistance. Technical indicators are advocating for a bullish scenario as well.
Alternatively: A daily candlestick closing below 123.80 support will open a short term drop towards next support at 115.25.
Fast Retailing Co Ltd (9983 JP) $Fast Retailing (9983.JP)$
Stocks we're looking at after rate cuts last week - PHM, KKR and more
Daily Chart -[BULLISH ↗ **] 9983 JP is shaping a bullish breakout above recent swing high. With price holding above 46980, a further push higher towards 55500 resistance is expected. Technical indicators are advocating for a bullish scenario as well. MACD is showing a build up in bullish momentum.
Alternatively: A daily candlestick close below 46980 support will open a pullback towards next support at 42.520.
Link REIT (823 HK) $LINK REIT (00823.HK)$
Stocks we're looking at after rate cuts last week - PHM, KKR and more
Daily Chart -[BULLISH ↗ **] 823 HK has confirmed a double bottom reversal pattern. As long as price is holding above 38.15 support, a further push higher towards 42.15 resistance is expected. Technical indicators are advocating for a bullish scenario as well.
Alternatively: A 4 hour candlestick closing below 38.15 support will open a drop towards next support at 35.85.
SIA (C6L SP) $SIA (C6L.SG)$
Stocks we're looking at after rate cuts last week - PHM, KKR and more
Daily Chart -[BULLISH ↗ **] C6L SP has been pushing strongly higher since July 2024. A pause is expected above 6.50 support before shaping a fresh push higher towards 6.98 resistance. Technical indicators are advocating for a bullish scenario as well.
Alternatively: A daily candlestick close below 6.50 support will open a pullback lower towards next support at 6.35.
Prepared by:
Moomoo Singapore
Isaac Lim CMT, CFTe
Chief Market Strategist
This report is provided for informational and general circulation purposes only and should not be construed as an offer, solicitation, or recommendation for the purchase or sale of securities, futures, or other investment products. It does not take into consideration any particular needs of any person. This advertisement has not been reviewed by the Monetary Authority of Singapore.
For full disclaimers, please visit https://www.moomoo.com/sg/support/topic5_935.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
45
+0
2
Translate
Report
176K Views