Tesla (TSLA) recovered MA20 and MA50, and is fast approaching the light blue down-channel top or the flag pattern top. A flag pattern is a continuation pattern. Should it break…
HSI ended higher for 3 days in a row, added another 0.4% (+92 points) to close at 23194 points. The market added 0.6%. Of the 150 largest-cap stocks, 88 (59%)…
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)…
S&P/TSX and the market both added 0.7%. No sectors ended lower for 2 days in a row, ranging from 0% (Healthcare) to 1.1% (Real Estate). 130 out of 150 (87%)…
Nasdaq 100 rose 1.2% (+194 points) to close at 16,180 points. It rose for two consecutive days and rose above MA20 (16,065 points). The daily RSI ( 52.8 ) recovered…
Nasdaq Composite bounced off the light blue up-channel bottom on Monday. It has just recovered the orange downtrend line, MA20, and MA50 today. It will likely reach the up-channel top…
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…
Sunny Optical Technology (2382.HK) has been rising in an orange up-channel for 3 years now. Now, it is forming a purple triangle. As long as the 2.5-month blue up-channel bottom…
Nasdaq 100 and the market both surged 2.3%. No sectors closed lower. Ranging from 0% (Consumer Defensive) to 4.4% (Energy). 133 out of 150 (89%) largest-cap stocks ended higher, but…
S&P/TSX was up 1.9% and the market added 1.8%. All sectors closed up. Ranging from 0.3% to 4.9%. Technology was the best sector, while Communication was up the least. 138…