SP/TSX rose slightly by 0.05% (+11 points) to close at 21,230 points, rising for 4 consecutive days, the highest in 20 days, and a cumulative gain of 2.4% (+491 points)…
Posts published in December 2021
HSI edged up by 0.1% (+30 points) to close at 23,224 points, rising for 4 consecutive days, a cumulative increase of only 0.1% (+31 points) in a week. The market…
Kuaishou (1024.HK) broke below the light blue rising wedge bottom earlier and is now bounded by MA20 and the orange downtrend line. It has been 2 days below the blue…
SP/TSX rose 0.7% (+149 points) to close at 21,219 points. It rose for 3 consecutive days and crossed over MA50 (21,162 points). And the market added 0.6%. Only 2 sectors…
Nasdaq 100 rose 0.8% (+128 points) to close at 16,308 points. It rose for 3 consecutive days and gained 3.2% (+507 points) in a week. No sectors ended lower. Ranging…
Tesla (TSLA) recovered MA20 and MA50, and is fast approaching the light blue down-channel top or the flag pattern top. A flag pattern is a continuation pattern. Should it break…
HSI ended higher for 3 days in a row, added another 0.4% (+92 points) to close at 23194 points. The market added 0.6%. Of the 150 largest-cap stocks, 88 (59%)…
HSI took back the black down-channel bottom and the pink downtrend line. It is now testing the blue horizontal line and 78.6% retracement. Close > MA50 market breadth (green line)…
S&P/TSX and the market both added 0.7%. No sectors ended lower for 2 days in a row, ranging from 0% (Healthcare) to 1.1% (Real Estate). 130 out of 150 (87%)…
Nasdaq 100 rose 1.2% (+194 points) to close at 16,180 points. It rose for two consecutive days and rose above MA20 (16,065 points). The daily RSI ( 52.8 ) recovered…