BABA (9988.HK) slightly broke through MA50 and the purple horizontal line. As long as it stays above them, it may eventually challenge the orange descending wedge top. 360miq.com/stockinfo?code=9988.HK
Posts published in January 2022
HSI jumped 2.8% (+663 pts), closed at 24402 points, the best % gain in 3 months, also a 32-day high, crossed above MA50 (24047 pts). Among the 150 largest-cap stocks,…
SP/ASX 200 rose 0.7% (+48.9 pts), closed at 7439 points, crossed above MA20 (7411 pts). Among the 150 largest-cap stocks, 97 (65%) closed higher. 63% of all ASX stocks ended…
PayPal (PYPL) bounced off the 4-year orange uptrend line and the yellow range bottom. Should it further recover MA50 and break out the yellow range top, it is likely to…
SP/TSX rose 1% (+203 pts), closed at 21275 points, crossed above MA50 (21175 pts). Among the 150 largest-cap stocks, 115 (77%) closed higher. 76% of all TSX stocks ended higher,…
Nasdaq 100 rose 1.5% (+230 pts), closed at 15844 points. Among the 150 largest-cap stocks, 124 (83%) closed higher. 70% of all Nasdaq stocks ended higher, good for the market.…
BIDU (9888.HK) fell back below the orange down-channel top and lost MA50 again after a brief 1-day breakout. Should it further lose MA10 and the light blue uptrend line, the…
HSI slightly retreated -0.03% (-7.94 pts) after a 3-day winning streak, closed at 23739 points. Among the 150 largest-cap stocks, 70 (47%) closed higher. 45% of all HKEX stocks ended…
SP/ASX 200 fell -0.8% (-56.9 pts), closed at 7390 points, crossed below MA20 (7407 pts). Among the 150 largest-cap stocks, 39 (26%) closed higher. 41% of all ASX stocks ended…
NIKE (NKE) plunged -4.2%, making it the worst S&P 100 constituent. It gapped down below the light blue 22-month uptrend line and MA200. The major support would be at the…