The market is Bullish. The idea is to go long following the major trend and hope that the Earning report due on Thursday will bring positive news. Fundamental Analysis: The company will report its fiscal Q2 2020 earnings after the market closes on Thursday. Analysts are expecting $5.14 a share profit with the projected sales of $5.69 billion.
Technological stock NASDAQ:AVGO goes down and this is opportunity for LONG position. The analysis based on Bollinger Bands (21,2) and RSI (30,70). We can see at 258$ the BB breakout when the RSI indicate to wait for more drop down. Together with support trend line it's yield a strong buy at 254$. Two scenarios are possible, the stock still goes down below 254$...
AVGO. I am bearish on AVGO. To confirm it, it needs to stay below the red trendline (resistance) and breaking down below the green trendline (support), targets are 210, 202. If the red trendline is broken out, bear play is invalidated.
Hi, today we are going to talk about Broadcom and its current landscape. Broadcom is poised to receive increasing attention from the market as relevant events are taking place. The company's exposure to the 5G and progress on the sector raises Broadcom's potential valuation, despite the company has unveiled a timid forecast for 2020. Thank you for reading and...
Hi, today we are going to talk about the Broadcom Inc and its current landscape. Huawei and its suppliers received exciting news, as the U.S. Commerce Department renewed a 90-day period extension, that grants to American companies’ permission to continue to do business with the giant Chinese telecom companies. Commerce Secretary Wilbur Ross's announcement included...
Technical Analysis: CIBR had a volume spike of 850,000+; which is 80% higher than usual, yesterday November 12th 2019. The 50sma (yellow line) is bouncing back, trying to cross the 200sma (red line), and after it must cross 100sma (blue line) for it to continue being bullish. 10sma is short-term support - $29.3 All time highs is short-term resistance...
Hi, today we are going to talk about AVGO We observe a D1, some important points. The details are highlighted above. Thank you for reading and leave your comments if you like. Join the Traders Heaven today, for more exclusive contents! Link bellow! Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should use...
AVGO is slowly working to complete the Asymmetrical Triangle candlestick pattern that started in June.
Reported by Reuters White House economic adviser Larry Kudlow will host a meeting with semiconductor and software executives on Monday to discuss the U.S. ban on sales to China's Huawei Technologies Co Ltd , two sources briefed on the meeting said on Friday (July 20th). Treasury Secretary Steven Mnuchin will also attend the White House event, to which...
I guess we will see 300 by 19th of july?
28-Jun NASDAQ:AVGO Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength. Investing position about Supply-Demand(S&D) strength: In Rising section of high profit & low risk Supply-Demand(S&D) strength Trend Analysis: In the midst of an upward trend of strong upward momentum price flow...
AVGO earnings report: AVGO Q2 earnings surpass estimates Q2 quarterly report represents an earnings surprise of 0.77%. A quarter ago, it was expected that this chipmaker would post earnings of $5.19 per share when it actually produced earnings of $5.55, delivering a surprise of 6.94%. Over the last four quarters, the company has surpassed consensus EPS...
We are currently sitting on the original kick-off line dating back to 1993. This line may provide the support for an eventual move towards the 2000 ATH of 98+
The overall structure is a ABC correction up Within C we have 5 other waves The 5th wave is either going to end at the 2: or 2.272, trend based fib extension, which makes 269-270 a very good short opportunity. (Within the red box)
We heard a rumor that at least two to three large chip companies approached Micron about a takeover. Is the rumor true, we are trying to find out. We can say this, after looking at the stocks / P/E's of lesser public companies, in the computer / technology industries and other industries, and then looking at the price of Micron, if the company is not purchased...
The price is below the 30MM from two weeks ago. But, maybe it's a phase 1 with a clear resistance. What do you think?