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@CornellRudolph:$Broadcom(AVGO)$ $NVIDIA Corp(NVDA)$ AVGO, similar to NVDA, is currently exhibiting short-term bearish tendencies. The stock has been showing a lot of downward momentum lately, indicating that it may continue to face pressure in the near term. There's a key support level at around $143, which is crucial to watch. The recent gap fill seems to have played out, suggesting that the immediate downside move might be slowing down. However, the overall trend is still bearish until we see signs of stabilization or a reversal.
$Broadcom(AVGO)$ $NVIDIA Corp(NVDA)$ AVGO, similar to NVDA, is currently exhibiting short-term bearish tendencies. The stock has been showing a lot of downward momentum lately, indicating that it may continue to face pressure in the near term. There's a key support level at around $143, which is crucial to watch. The recent gap fill seems to have played out, suggesting that the immediate downside move might be slowing down. However, the overall trend is still bearish until we see signs of stabilization or a reversal.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.