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)…
Posts published in “HKEX Market Update”
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…
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…
HSI plunged -1.9% (-448 points) to close at 22,745 points, falling for two consecutive days, its lowest level this year. Of the 150 largest-cap stocks, 22 (15%) closed higher, and…
HSI closed down -1.9%, failed all six major supports mentioned earlier. The most important failure among the six is the breach of the 18.5-years purple uptrend line. It had been…
HSI fell -1.2% (-283 points) to close at 23,193 points, the lowest level since the beginning of this year, and fell -3.3% (-803 points) this week. 44 out of 150…
HSI closed up 0.2%, breaking the four-day losing streak, and stabilizing after touching down the six major supports mentioned last week, and still staying above the support bottom of about…
HSI fell -0.9% (-215 points) to close at 23,421 points, a 4-day losing streak. 59 out of 150 (39%) largest-cap stocks closed higher, and 38% of all HKEX stocks closed…
HSI fell -1.3% (-319 points) to close at 23,636 points, a 3-day losing streak. 31 out of 150 (21%) largest-cap stocks closed higher, but 27% of all HKEX stocks closed…