Nasdaq 100 met resistance at the light blue downtrend line, MA20, and the orange up-channel bottom. If it cannot break through these resistances, it may need another down-leg to form…
Posts tagged as “Nasdaq”
Nasdaq 100 retreated -1.5% (-209 pts), closed at 14035 points. Among the 150 largest-cap stocks, 47 (31%) closed higher. Only 30% of all Nasdaq stocks ended higher. In terms of…
Rivian (RIVN) slightly hit an all-time closing low at the trading range bottom. Watch out for a potential breakdown. Also, more than 300 stocks hit a YTD low, including TM…
Nasdaq 100 largely rebounded 1.7% (+238 pts), closed at 14244 points. Among the 150 largest-cap stocks, 119 (79%) closed higher, 99 of them rose with a lower volume. 68% of…
Lucid (LCID) found resistance at the purple horizontal line and MA200. If it cannot break through, it is likely to be a range-bound between the blue and purple horizontal lines.…
Nasdaq 100 largely fell -1.6% (-232 pts) after a 3-day winning streak, closed at 14006 points. Among the 150 largest-cap stocks, 33 (22%) closed higher. 35% of all Nasdaq stocks…
Nasdaq 100 slightly rose 0.3% (+48.8 pts), closed at 14238 points, rose 3 days in a row, fell -4.6% (-692 pts) for the month. Among the 150 largest-cap stocks, 67…
Nasdaq 100 rose 1.5% (+214 pts), closed at 14189 points, rose 1.3% (+179 pts) for the week after a 2-week losing streak. Among the 150 largest-cap stocks, 134 (89%) closed…
Microsoft (MSFT) bounced off the blue neckline of the Head and Shoulder Topping pattern. To avert the potential breakdown, it must recover at least MA20 and MA200, or even the…
Nasdaq 100 largely rebounded 3.4% (+466 pts) after a 5-day losing streak, closed at 13975 points, the best % gain in more than 11 months. Among the 150 largest-cap stocks,…