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Posts tagged as “HKEX”

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…

Tencent (0700.HK) Breaks a 3-year Trendline 2021-12-17

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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) Bounces Off 2 Uptrend Lines 2021-12-16

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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…

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…

Orient Overseas (0316.HK) Tests Range Top 2021-12-15

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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…

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…

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