Broadcom Inc.Diupdate AVGO Personal Analysis
AVGO has made some interesting movements.
Graph: Price has expericned a steady incline rally since passing the $510 price level. It is now trading at $574.66, after achieving its all time high of $576.73
Trends:
- Emergence of an Ascending Channel beginning on November 3rd.
- Three touches on the lower channel solidifies the validity of the channel. Two touches on the upper channel - 2nd touch currently occuring (highlighted in green circles).
MACD and RSI 1Day Timeframe:
- MACD 1D: Poised for a bearish crossover after a successful bullish movement.
- RSI 1D: Overbought - but this stock does not seem to be very responsive to RSI, and therefore will not serve as much of a significant influence.
This is not trading advice or recommendation. For viewing purpose only
Always do your own Due Diligence
Graph: Price has expericned a steady incline rally since passing the $510 price level. It is now trading at $574.66, after achieving its all time high of $576.73
Trends:
- Emergence of an Ascending Channel beginning on November 3rd.
- Three touches on the lower channel solidifies the validity of the channel. Two touches on the upper channel - 2nd touch currently occuring (highlighted in green circles).
MACD and RSI 1Day Timeframe:
- MACD 1D: Poised for a bearish crossover after a successful bullish movement.
- RSI 1D: Overbought - but this stock does not seem to be very responsive to RSI, and therefore will not serve as much of a significant influence.
This is not trading advice or recommendation. For viewing purpose only
Always do your own Due Diligence
Catatan
Wait for upper rebound on the ascending channel - Potential Buy at c. $510, within a fourth lower boundary touch. Not trading advice. Personal analysis
Catatan
Chart did not play out. Position not executed
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.