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...
Graph: Steep price movements since December 2017. Attempted to reach its all time high of $75.91, but failed twice at the $68.5 price level.
Very strong support (yellow horizontal line) at $43.75. Price is currently at $49.68 after rebounding close to the 0.618 Fib at $47.4.
Trends:
- No clear emergence of a strong pattern, but price movement has historically...