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…
Posts tagged as “HKEX”
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…
Tencent (0700.HK) plunged -5.5% this week, broke below the 3-year orange uptrend line, and closed at both the daily and weekly low. Tencent had failed the orange trendline before at…
RUSAL (0486.HK) surged 5%, bouncing off the light blue and orange trendlines. As long as it doesn’t fail weekly MA30 (daily MA150), its long-term uptrend will be intact. And to…
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…
Orient Overseas (0316.HK) bounced off MA10 and once again challenges the yellow trading range top. However, Baltic Dry Index turned away from its own blue range top, which means the…