Nasdaq Composite bounced off the light blue up-channel bottom on Monday. It has just recovered the orange downtrend line, MA20, and MA50 today. It will likely reach the up-channel top…
Posts published in December 2021
HSI ended higher for 2 days in a row, added another 0.6% (+131 points) to close at 23102 points. Of the 150 largest-cap stocks, 104 (69%) closed higher, but 96…
Sunny Optical Technology (2382.HK) has been rising in an orange up-channel for 3 years now. Now, it is forming a purple triangle. As long as the 2.5-month blue up-channel bottom…
Nasdaq 100 and the market both surged 2.3%. No sectors closed lower. Ranging from 0% (Consumer Defensive) to 4.4% (Energy). 133 out of 150 (89%) largest-cap stocks ended higher, but…
S&P/TSX was up 1.9% and the market added 1.8%. All sectors closed up. Ranging from 0.3% to 4.9%. Technology was the best sector, while Communication was up the least. 138…
Booking Holdings (BKNG) recovered weekly MA40 (about daily MA200). The rebound is likely to have more to come. However, it seems to be forming a head-and-shoulder topping pattern, like the…
HSI rebounded by 1% (+226 points) to close at 22971 points after a 2-day losing streak. Daily RSI (33.7) rose above the oversold level of 30. Of the 150 largest-cap…
HSTech ETF (3032) bounced 2.1%, outperformed HSI’s 1%. HSTech ETF has found some support at the light blue down-channel bottom? or the dark blue line is the real channel bottom…
S&P/ASX 200 and the market ended 0.9% and 0.8% higher respectively. 93 of 150 (62%) largest-cap stocks advanced with lower volume. 98 out of 150 (65%) closed higher. And 55%…
Nasdaq 100 and the market both ended -1.1% lower. All sectors closed lower except for Utilities. Ranging from 0% (Utilities) to -2.7% (Energy). 100 of 150 (67%) largest-cap stocks dropped…