SP/TSX largely rose 1.7% (+356 pts), closed at 21098 points, the best % gain in more than 1 month, fell -0.6% (-125 pts) for the month, crossed above MA20 and…
Posts published in January 2022
United Parcel Service (UPS) bounced off the yellow trading range bottom and recovered MA200. It is still sideways. But should it fail the trading range bottom, it will likely drop…
Nasdaq 100 jumped 3.3% (+475 pts), closed at 14930 points, the best % gain in nearly 11 months, fell -8.5% (-1390 pts) for the month. Among the 150 largest-cap stocks,…
Hong Kong Short Selling Ratio (grey bars) spiked to a record high (orange arrow) over the past few days, and a spike is usually followed by a market rally. 360miq.com/market?data=HKEX#tab-2
Despite being bounded by the light blue uptrend line, Orient Overseas (0316.HK) is still firmly above MA50, the orange up-channel bottom, and the yellow trading range top. As long as…
HSI rebounded 1.1% (+252 pts), closed at 23802 points, rose 1.7% (+404 pts) for the month, is testing MA50 (23810 pts). Among the 150 largest-cap stocks, 99 (66%) closed higher,…
SP/ASX 200 slightly retreated -0.2% (-16.4 pts), closed at 6972 points, fell -6.4% (-473 pts) for the month. Among the 150 largest-cap stocks, 99 (66%) closed higher, 92 of them…
HSI fell below the middle of the black down-channel, the yellow gap, MA20, and MA50. It needs to recover all these in the next few days in order to continue…
Apple (AAPL) bounced off the orange horizontal support, breaking through the light blue channel/wedge top. It is now testing MA20 and MA50. The correction is stabilized as long as the…
SP/TSX rose 1% (+198 pts), closed at 20742 points, the best % gain in 1 month, rose 0.6% (+121 pts) for the week. Among the 150 largest-cap stocks, 113 (75%)…