HSI edged up by 0.1% (+30 points) to close at 23,224 points, rising for 4 consecutive days, a cumulative increase of only 0.1% (+31 points) in a week. The market…
Posts tagged as “HKEX”
Kuaishou (1024.HK) broke below the light blue rising wedge bottom earlier and is now bounded by MA20 and the orange downtrend line. It has been 2 days below the blue…
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)…
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…
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…