- AVGO shows strong development within a rising trend channel in the medium long term. - The price has broken the resistance at 633 of a rectangle pattern, which signals a further rise. - The stock is testing resistance at 640. - This could give a negative reaction, but an upward breakthrough of 640 means a positive signal. - Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern: DT - Double Top | BEARISH | RED DB - Double Bottom | BULLISH | GREEN HNS - Head & Shoulder | BEARISH | RED REC - Rectangle | BLUE iHNS - inverse head & Shoulder | BULLISH | GREEN