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Posts published in “HKEX Market Update”

HSTech Bounces too little to Confirm Bottom 2021-12-21

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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…

HKEX Market Update 2021-12-20

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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 fails all 6 major supports all together 2021-12-20

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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…

HKEX Market Update 2021-12-17

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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…

HKEX Market Update 2021-12-16

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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…

HKEX Market Update 2021-12-15

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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…

HKEX Market Update 2021-12-14

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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…

HSI Meets Resistance at MA20 as in July 2021-12-13

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HSI met resistance at MA20 and the middle line of the black down channel, and wiped out all the intraday gain. The situation is similar to the yellow circle in…

HKEX Market Update 2021-12-13

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HSI fell -0.2% (-41 points) to close at 23,954 points. Mainland property stocks dragged Real Estate (-2.1%) to be the worst sector. Especially, SUNAC (1918) fell -7.9%, which was the…

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