The Hong Kong stock market retreats. What are the trends for US-listed Chinese stocks and semiconductors?
The Nasdaq is still fluctuating upward in the medium and long term. It stopped falling and rebounded after a short-term correction. It has been fluctuating below the highest pressure point in the past few days and has not fallen below the rising trend line for the time being. It is still fluctuating upward.
The S&P 500 and Dow Jones quickly stopped falling and rebounded after a short-term correction, and hit a new high. They are currently fluctuating near the highest point, bringing uncertainty in the short term. It has not fallen below the upward trend line and the previous low support level, so it is still fluctuating upward.
Philadelphia Semiconductor fluctuates upward in the medium and long term, and forms a W bottom after a short-term correction. This is a favorable pattern for a reversal breakthrough. If it breaks through the recent high, it is likely to rise back to the previous highest point. It has fluctuated at the pressure level in the past few days, and the future direction is temporarily unclear.
Related to Philadelphia Semiconductor, US stocks Nvidia, TSMC, Broadcom, Micron, AMD US stock chips, and Asian stock chip stocks SK Hynix, MediaTek and Hon Hai have recently risen and fallen, and the average rise and fall is not large. From the trend point of view, the trend of most chip stocks is similar to that of Philadelphia Semiconductor, with short-term fluctuations and no determined direction. $NVIDIA (NVDA.US)$
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The underlying logic of stock market trading is to stifle human nature
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