Broadcom Inc. (AVGO): Bearish Momentum Near Resistance
🔥 Potential Price Targets (Next Month):
🩸 Near-term Goal: $220.00
🩸 Long-term Goal: $215.00
🔥 LucanInvestor’s Strategy:
🩸 Long: Above $231.20, targeting $240.00 and $250.00. Bullish confirmation needed with stronger volume.
🩸 Short: Below $229.31, aiming for $220.00 and $215.00. Weak MACD and declining volume suggest a bearish continuation.
🔥 LucanInvestor’s Commands:
🩸 Resistance: $231.20 – A breakout is unlikely without strong buying pressure.
🩸 Support: $229.31 – A breakdown could confirm further downside toward $220.00.
Analysis:
Broadcom faces mounting bearish pressure near $231.20. With MACD signaling weakness and volume declining, traders should be cautious of a potential breakdown below $229.31. Watch for downside opportunities if support fails.
👑 "The market rewards clarity, not hesitation." — LucanInvestor
🩸 Near-term Goal: $220.00
🩸 Long-term Goal: $215.00
🔥 LucanInvestor’s Strategy:
🩸 Long: Above $231.20, targeting $240.00 and $250.00. Bullish confirmation needed with stronger volume.
🩸 Short: Below $229.31, aiming for $220.00 and $215.00. Weak MACD and declining volume suggest a bearish continuation.
🔥 LucanInvestor’s Commands:
🩸 Resistance: $231.20 – A breakout is unlikely without strong buying pressure.
🩸 Support: $229.31 – A breakdown could confirm further downside toward $220.00.
Analysis:
Broadcom faces mounting bearish pressure near $231.20. With MACD signaling weakness and volume declining, traders should be cautious of a potential breakdown below $229.31. Watch for downside opportunities if support fails.
👑 "The market rewards clarity, not hesitation." — LucanInvestor
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.