ProShares UltraPro QQQ (TQQQ) found support at the 50% retracement around $50, but remains under the pressure from MA20 and the blue uptrend line. As long as it is above…
Posts tagged as “Nasdaq”
Amazon (AMZN) recovered the orange horizontal line and the 7-year blue uptrend line. The imminent danger is averted but is only back to the sideways mode. A full-fledged uptrend has…
Nasdaq 100 rebounded 1.3% (+193 pts), closed at 14694 points, rose 1.7% (+239 pts) for the week, rose 2 weeks in a row. Among the 150 largest-cap stocks, 91 (61%)…
Nasdaq 100 sank -4.2% (-639 pts) after a 4-day winning streak, closed at 14501 points, the worst % loss in nearly 17 months, crossed below MA20 and MA200 (15013 pts,…
Meta Platforms (FB) gigantically gapped down through the orange up-channel bottom, closing below the light blue downtrend line and the blue horizontal line. if it cannot recover these two lines…
PayPal (PYPL) met resistance at MA20 and plummeted to near the 2.5-year light blue uptrend line and the 6-year orange uptrend line. These two are major supports and may help…
Nasdaq 100 rose 0.8% (+120 pts), closed at 15140 points, rose 4 days in a row, crossed above MA20 and MA200 (15076 pts, 15029 pts). Among the 150 largest-cap stocks,…
Nasdaq 100 rose 0.6% (+89.7 pts), closed at 15020 points, rose 3 days in a row, is testing MA200 (15022 pts). Among the 150 largest-cap stocks, 111 (74%) closed higher.…
Nasdaq 100 jumped 3.3% (+475 pts), closed at 14930 points, the best % gain in nearly 11 months, fell -8.5% (-1390 pts) for the month. Among the 150 largest-cap stocks,…
Apple (AAPL) bounced off the orange horizontal support, breaking through the light blue channel/wedge top. It is now testing MA20 and MA50. The correction is stabilized as long as the…