Tesla (TSLA) recovered MA20 and MA50, and is fast approaching the light blue down-channel top or the flag pattern top. A flag pattern is a continuation pattern. Should it break…
Posts tagged as “Nasdaq”
Nasdaq 100 rose 1.2% (+194 points) to close at 16,180 points. It rose for two consecutive days and rose above MA20 (16,065 points). The daily RSI ( 52.8 ) recovered…
Nasdaq Composite bounced off the light blue up-channel bottom on Monday. It has just recovered the orange downtrend line, MA20, and MA50 today. It will likely reach the up-channel top…
Nasdaq 100 and the market both surged 2.3%. No sectors closed lower. Ranging from 0% (Consumer Defensive) to 4.4% (Energy). 133 out of 150 (89%) largest-cap stocks ended higher, but…
Booking Holdings (BKNG) recovered weekly MA40 (about daily MA200). The rebound is likely to have more to come. However, it seems to be forming a head-and-shoulder topping pattern, like the…
Nasdaq 100 and the market both ended -1.1% lower. All sectors closed lower except for Utilities. Ranging from 0% (Utilities) to -2.7% (Energy). 100 of 150 (67%) largest-cap stocks dropped…
Nasdaq 100 was down -0.4%, while the market ended -0.2% lower. 5 sectors closed higher. Healthcare jumped 2.1% to be the best sector. Utilities lost -1.5% to be the worst.…
Moderna (MRNA) stands above MA200, and is now challenging MA20, MA50, and the purple horizontal line at about $300. If it can break through them, it will likely reach the…
NVIDIA (NVDA) dropped from MA20 to near MA50, which is now also close to the orange up-channel top and the light blue gap top. It is expected to see some support…
Stocks jumped after Fed sped up the taper. Nasdaq 100 surged 2.4%, while the market ended 2.1% higher. All sectors closed higher. Basic Materials had the least gain of 0.1%.…