Broadcom Stock Slumps Amid Momentum Shift—Key Price Levels to Watch
Investopedia • 602 days
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Broadcom (AVGO) shares fell nearly 4% on Monday, joining a sell-off in other leading chipmakers, as ...
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Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Research Analysis Key Takeaways: - Broadcom shares fell nearly 4% amid a broader chipmaker sell-off on Monday. - Momentum shifted after reaching a record high, with key retracement levels at $1,410, $1,225, $1,150, and $1,000. - Investors should watch for bullish price patterns for potential buying interest.
Market-Moving
- Broadcom shares fell nearly 4% amid a broader chipmaker sell-off on Monday.
Key Facts
- Broadcom shares fell nearly 4% amid a broader chipmaker sell-off on Monday.