Oct. 25 at 2:19 AM
From the perspective of a long-term observer,
$AVGO has recently shown signs of weakness based on technical indicators such as the Relative Strength Index (RSI) falling below 50 and a possible head-and-shoulders pattern emerging. Market sentiment has turned cautious amid concerns around semiconductor supply constraints and valuation pressure. Price forecasts suggest limited upside, with potential downside risk of 5-8% over the near term. Watching the price action closely will be crucial before making fresh commitments. Do you believe
$AVGO will recover its bullish stance soon? Let’s discuss.