Tech Stock Charts Are Getting Uglier科技股图形越来越难看

The stock market is volatile. After yesterday's strong bounce, the Nasdaq Composite Index is coming right back down today after failed to reach its 50 day moving average level at 13740. Nasdaq is still below its 20,50,100 and 200 day moving averages, its trends are solidly down. $compq's CCI indicator has dropped below -100 is indicative of accelerated down turn is to come. Nasdaq is still on course to go down to test its March low at 12555. 

Today's Nasdaq is dragged down by TSLA after Elon Musk made a takeover offer to TWTR at $54 a share, and this raises speculation that he may need to sell some TSLA stocks to finance the deal. TSLA is down over 3.5%. AAPL is down over 2% as the latest version of the iPhone SE is seeing "lackluster demand," according to TF International Securities analyst Ming-Chi Kuo.  NVDA is down 2.6% even though Credit Suisse analyst John Pitzer said he believes there is upside in the chip industry in the wake of negative investor sentiment so far this year. Other tech stocks that are down more than 2% are: AMD, INTC, AMZN and CRM. As shown in the following tech stock charts, all are below their 20 and 50 day moving averages, their trends are down. 

股市极其波动。 继昨日强劲反弹后，纳斯达克综合指数在未能超越50日均线13740阻力水平后，今日再次回落。纳斯达克仍低于20、50，100和200日均线，趋势看跌。$compq 的 CCI 指标已跌至 -100 以下，显示加速下行趋势即将到来。它仍将向下测试其 3 月份低点 12555。

在埃隆马斯克以每股 54 美元的价格向 TWTR 提出收购后，这引发了他可能需要出售一些 TSLA 股票来为这笔交易融资的猜测，导致 TSLA 下跌超过 3.5%而拖累今天纳斯达克指数的下跌。 TF International Securities 分析师 Ming-Chi Kuo 表示，由于最新版本的 iPhone SE 出现“需求低迷”，苹果股价因而下跌超过 2%。 NVDA 下跌 2.6%，尽管瑞士信贷分析师 John Pitzer 表示，他认为在今年迄今为止投资者情绪低迷之后，芯片行业存在上行空间。 其他跌幅超过 2% 的科技股有：AMD、INTC、AMZN 和 CRM等。以下科技股图表所示，它们均低于 20 日和 50 日移动平均线，趋势向下。