Intel (INTC) hit a 250-Day low and is fast approaching the 2-year orange downtrend line and the 4-year blue uptrend line. Let’s see if these long-term supports hold. Also, more…
Posts tagged as “Nasdaq”
Nasdaq 100 fell -1.1% (-162 pts), closed at 14010 points, fell 3 days in a row, fell -1.7% (-244 pts) for the week, fell 2 weeks in a row. Among…
Nasdaq 100 plunged -3% (-432 pts), closed at 14172 points, crossed below MA20 (14551 pts). Among the 150 largest-cap stocks, 11 (7%) closed higher. Only 18% of all Nasdaq stocks…
Nasdaq MA3 > MA18 market breadth (black line) tested and bounced off the red horizontal line at 50%. As long as the red line holds, the breadth hugely and bullishly…
Nasdaq 100 slightly retreated -0.1% (-17.4 pts), closed at 14604 points, is testing MA20 (14584 pts). Among the 150 largest-cap stocks, 75 (50%) closed higher. 50% of all Nasdaq stocks…
Tesla (TSLA) has found support at MA200 and the blue uptrend line, recovering the orange horizontal line. It is above MA20 for the first time in over a month. The…
Nasdaq 100 largely rose 2.5% (+352 pts), closed at 14621 points, crossed above MA20 (14607 pts). Among the 150 largest-cap stocks, 136 (91%) closed higher. 84% of all Nasdaq stocks…
The market breadth of 250-Day High Minus Low had turned down near the red line of 0%, reflecting that the downtrend is still intact. It has been bounded by 0%…
Nasdaq 100 slightly rebounded 0.1% (+14.6 pts), closed at 14269 points. Among the 150 largest-cap stocks, 49 (33%) closed higher. Only 32% of all Nasdaq stocks ended higher. In terms…
Nasdaq 100 is bounded by MA200. It may test the 2-year orange up-channel bottom or even the January low of 13700. Patience is a virtue until those levels are successfully…