AVGO Stock Price Prediction: What You Need to Know

요약 보기

AVGO 시간봉 분석. 하락 돌파는 허위돌파(false breakout)로 판단하며 MSFT·AMD 실적 호조로 기술주 반등 중이라고 설명. 다만 애플·아마존·메타 실적이 남아 있어 낙관은 이르다고 강조. 하방 체크 레벨 143.35, 140.18(피보나치 78.6%), 상방 165.20 제시. 마지막에 유료 멤버십 홍보.

다듬은 글

※ 자동 자막 원문(다듬기 전)

01. we've seen a fairly major turnaround here in a very short period of time uh specifically the stock has gapped higher to start these this current trading session uh and we are now pressuring uh resistance levels uh above the uh the prior trading sessions range highs so specifically you know there are a few points that we need to uh point out here a few factors that we need to point out here um specifically we can see that the uh the stock itself did manage to uh break below these prior lows which came in at uh 14553 um we were seeing a very significant price break here and we did close below here uh on a daily basis uh but yesterday last night after the after the market closed we did see some uh earnings releases from both Microsoft and Advanced Micro Devices AMD uh this is the ryzen CPU manufacturer um in terms of earnings and revenue both of these companies did manage to beat Market expectations uh per share earnings from Microsoft came in at $2.95 versus $293 expected uh and then the AMD results came in at uh 69 cents per share uh just ahead of the 68 uh cents per share that was expected by the market so uh you know these results have sort of Lent some support to the technology space here uh and we have seen some fairly significant turn turnarounds here uh in in over the last few hours so uh specifically you know we have to point to uh this uh this upward surging uh price Gap uh which is now present on the hourly charts we can kind of zoom in here a bit uh and here we can see that this price Gap really uh extends from just above 145 uh all the way to uh just above 151 so we're we're looking at more than $6 in in gapping activity here uh and this this occurred just at the open uh as a result of this price move higher uh we have broken above this prior resistance level as you can see here we were kind of working within a sideways consolidation Zone um but uh you know the upper end of this range uh would have come in at roughly uh 15360 uh and as we can see see now uh you know we're almost five full dollars ahead of that number uh currently we're trading at 15830 so uh you know at the moment uh the real question is whether or not we're going to be able to make a convincing break uh above the all of these exponential moving averages uh we're currently on our way to uh getting to that point we've already broken above uh the 20 hour 50h hour and 100 hour exponential moving averages uh We've even seen some slight movements above the 200 hour EMA uh as we can see right here um but you know this has not occurred on a on a closing basis just yet uh this current session it looks like we could be on the verge of that um but you know we're sort of right on this line here uh where we're we're sort of trading roughly right in line with that 200h hour exponential moving average so you know this is a very very significant reversal here and we're going to have to kind of pull out uh to these longer term time frames a bit uh to get a better sense of where where EXA we are at this moment um so you know as we can see here this can only be described as a false breakout to the downside I mean we clearly saw um you know a daily close uh below this prior support Zone which came in at 14553 uh and also above uh sorry below uh we closed below this 200 period EMA on the 4our price chart so you know there's no question that uh you know there that there was a strong close here below this level and then the turn on here has been quite massive so uh at the moment you know we do have to kind of invalidate this price break here uh it does have to be considered as a false breakout at the moment um because you know we had more than one technical sign signal here uh that was broken uh and you know that that type of activity on its own does not signal a major reversal like this uh right now all we can really be attribut attributing these these events to uh would be the earnings releases from last night from AMD and Microsoft so uh you know the fact that these weren't horrendous terrible surprises to the downside has been enough to support many of these technology stocks uh during today's trading session uh all of that said it does not mean that we are completely out of the woods here you know we have seen uh some fairly significant moves lower anybody that's uh been watching these prior videos is aware that I have been uh kind of detailing uh these recent declines that have been happening with broadcom uh but um you know there are still vent risks here uh that need to be dealt with before we can uh you know truly start to gain some optimism about a longer term reversal in the tech base uh specifically we still we still have earnings reports coming from uh Apple amazon.com and meta platforms so that's three more uh you know mag 7 companies uh that that will be seeing this week um so you know these are these are still going to be very significant numbers and and you know the the outcome here uh could absolutely be enough to sort of Turn Turn prices right around again I'm not saying that I expect to see negative results from these companies necessarily um but you know if we start to see mixed mixed activity here uh you know two-way uh two-way results you know for the most for the most part the AMD result and the Microsoft uh result was better than expected uh there was a little bit of weakness in in uh Microsoft's Azure Cloud uh segment um you know but the earnings per share figure was uh better than expected and I think that that was really all the market needed to see uh in order to keep tech tech stocks supported uh we are seeing you know we are seeing uh gains here today uh in stocks like Nvidia as well um so many of these stocks that have been beaten up badly over the last two or three weeks uh you know we are starting to see a reversal here today um and these are significant moves higher I mean if we are able to see you know a clear break m you know that would get rid of this range resistance area as well as the moving averages so uh you know the next L to the top side uh would really be uh focusing on the 16520 uh area this would be the prior high from uh July 23rd so um you know there is there is a lot of reversal evidence that could be unfolding here um but it's it it would be important for investors to not get too excited just yet because there is so much to be there's still so much on the earnings schedule currently uh that you know we can't just really dismiss uh you know these other earnings reports so uh currently you know to the downside um you know if we did see some negative numbers the downside to watch here the price level to watch here would be uh 14335 uh to the downside if we did see a clear break here um you know the the next kind of Line in the Sand would come in at roughly 140 180 uh which would be the here um sort of this major rally that was seen previously with broadcom uh so these are the levels that I would currently be watching in the event that we do see uh some negative earnings results uh from the company from the mag 7 companies scheduled next so uh CH ]