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The markets are having a tough year so far, with the S&P 500 declining by about 18% year-to-date, amid surging inflation, tighter monetary policy, and rising interest rates. Tech stocks have fared much worse, as investors rotate into value and cyclical bets, with the Nasdaq-100 down by close to 29% year-to-date. Even Apple stock, which has always been considered a safe haven of sorts, hasn’t really been immune to the sell-off, declining by about 23% year-to-date ...

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Xpeng stock (NYSE: XPEV) published its Q1 2022 results on Tuesday, reporting a narrower than expected loss, although guidance for Q2 fell short of estimates.
The daily price is ranging below 200 SMA in the bearish area of the chart within 55 SMA at 25.14 resistance level and 19.90/18.01 support level waiting for the direction of the bearish trend to be resumed or the bear market rally to be started.

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UBS stock (NYSE: UBS) has gained 3% YTD, whereas the S&P500 has decreased 17% over the same period.



Daily price was bounced from 16.40 support level for breaking the Ichioku cloud to above to the primary bullish reversal. The price was stopped by bullish triangle pattern with 18.84 resistance level, and if this level is broken so the primary bullish trend will be continuing. Alternatively, the price will be on the ranging market condition ...

Shares of Tesla plunged to an 11-month low on Tuesday.



Daily chart was bounced from 1,152 resistance level to below for the 200 SMA breaking to below for the primary bearish reversal. The price is trying to cross the bearish triangle pattern with 633 support level to below for the bearish trend to be continuing. Conclusion: daily bearish or daily ranging bearish.

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Nokia’s most recent Q1 ’22 earnings saw revenue rise to $5.66 billion, up from $5.38 billion in Q1 ’21.



Weekly chart by ranging below Ichimoku cloud in the bearish area of the chart. The price is on wide ranging within 4.58 support level for the bearish trend to be continuing with 4.51 target to re-enter and 5.41/5.60 resistance levels for the primary bullish reversal to be started.

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