Amazon (AMZN) is now testing the 7-year blue uptrend line. If it fails to hold, it will at least test the orange horizontal line at about $2880. Also, more than…
Posts tagged as “Nasdaq”
Nasdaq 100 fell -1.3% (-202 pts), closed at 14846 points, fell 3 days in a row, a 67-day low, crossed below MA200 (15000 pts). Among the 150 largest-cap stocks, 32…
Nasdaq 100 broke below the 1.5-year orange channel bottom and is now testing MA200 for the first time in about 2 years, reflecting that the technical aspect of it has…
Nasdaq 100 fell -1.1% (-163 pts), closed at 15048 points, a 66-day low. Among the 150 largest-cap stocks, 42 (28%) closed higher. Only 30% of all Nasdaq stocks ended higher.…
ASML (ASML) follows the black down-channel to test the light blue horizontal line. If the light blue line cannot hold, it will at least test the orange up-channel bottom. Should…
Nasdaq 100 sank -2.6% (-401 pts), closed at 15211 points, a 63-day low. Among the 150 largest-cap stocks, 13 (9%) closed higher. Only 15% of all Nasdaq stocks ended higher,…
Lam Research (LRCX), a semiconductor equipment leader, bounced off the orange support earlier, soaring 6.4% to a new all-time closing high on Friday. Its MA20 > MA50 > MA200. It…
Nasdaq 100 rebounded 0.7% (+116 pts), closed at 15612 points, rose 0.1% (+20 pts) for the week. Among the 150 largest-cap stocks, 81 (54%) closed higher. Despite Nasdaq 100 rising…
Microsoft (MSFT) failed to recover the light blue horizontal line and came back down to test the blue horizontal line. MACD led the way to drop below its purple support…
Nasdaq 100 sank -2.6% (-409 pts) after a 3-day winning streak, closed at 15496 points, a 56-day low. Among the 150 largest-cap stocks, 34 (23%) closed higher. Only 29% of…