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Posts published in January 2022

Nasdaq Market Update 2022-01-28

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Nasdaq 100 largely rebounded 3.2% (+452 pts), closed at 14455 points, the best % gain in more than 10 months, rose 0.1% (+17 pts) for the week. Among the 150…

HKEX (0388.HK) is Approaching One Year Support

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HKEX (0388.HK) turned down from the orange downtrend line and MA250. Should it fail the blue volume-by-price bottom, the next major support would be the purple line at around $375.…

HKEX Market Update 2022-01-28

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HSI fell -1.1% (-257 pts), closed at 23550 points, fell -5.7% (-1416 pts) for the week after a 5-week winning streak. Among the 150 largest-cap stocks, 24 (16%) closed higher.…

ASX Market Update 2022-01-28

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SP/ASX 200 largely rebounded 2.2% (+150 pts) after a 4-day losing streak, closed at 6988 points, the best % gain in more than 15 months, fell -2.6% (-188 pts) for…

TSX Market Update 2022-01-27

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SP/TSX slightly fell -0.3% (-51.9 pts), closed at 20544 points, a 24-day low. Among the 150 largest-cap stocks, 70 (47%) closed higher. 42% of all TSX stocks ended higher. In…

Tesla (TSLA) is Testing Important Supports 2022-01-27

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Tesla (TSLA) failed the orange horizontal support and is now testing MA200 and the blue uptrend line. Should it fail them also, the uptrend will be damaged. Also, more than…

Nasdaq Market Update 2022-01-27

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Nasdaq 100 fell -1.2% (-170 pts), closed at 14003 points, a 155-day low. Among the 150 largest-cap stocks, 49 (33%) closed higher. Only 18% of all Nasdaq stocks ended higher.…

BABA (9988.HK) On the Verge of Breakdown 2022-01-27

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BABA (9988.HK) is testing the light blue horizontal support and slightly hit an all-time low. Should this line not hold, it will at least the orange wedge bottom around $100.…

HKEX Market Update 2022-01-27

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HSI largely fell -2% (-483 pts), closed at 23807 points, the worst % loss in 2 months, crossed below MA20 and MA50 (23976 pts, 23870 pts). Among the 150 largest-cap…

ASX Market Update 2022-01-27

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SP/ASX 200 largely fell -1.8% (-124 pts), closed at 6838 points, fell 4 days in a row, a 207-day low. Among the 150 largest-cap stocks, 33 (22%) closed higher. Only…

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