BUY! BROADCOM CORP (BRCM) Nasdaq

  Report No. 1009    Analysis by: Harry Aloof     APRIL 3, 2000

BROADCOM CORP (BRCM-Nasdaq): Technical Viewpoint: From a low of $180.00 on Feb 28, 2000 prices rallied, reaching a high of $249 3/4 on Mar 7, 2000. A decline saw prices pull back, reaching a low of $180.94 on Mar 15, 2000. Another rally saw prices penetrate resistance, closing 3/31/00 at $242 7/8. Technicals: Stochastic Oscillator (STOC): A Buy Alert! was given on Mar 3, 2000 when the solid line crossed the dotted line to the upside. Support: Remains at $210.00. Resistance: Is at $250.00. Point & Figure: Reversed to the upside on Mar 30, 2000. A P&F upside reversal takes place at $225.00. Summary: Technical indicators have turned bullish. BUY! BROADCOM CORP (BRCM-Nasdaq) @ $244 1/8 Stop: Use a protective stop of $240 7/8. BROADCOM CORP is currently trading @ $242 7/8 plus $31.94 on Mar 31, 2000. Price Objective: $305.00. Risk/Reward: $3 1/4 VS. $60 7/8. Today's Risk Reward Ratio: 19:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

View full size chart
Price Objective:
$305.00 Risk/Reward:
$3 1/4 VS. $60 7/8 Risk/Reward Ratio:
19:1
5 Most Recent Reports
  Posted on: Jul 29, 2021  Tesla Inc (TSLA-Nasdaq)
  Posted on: Jul 11, 2021  Peabody Energy (BTU-NYSE)
  Posted on: Jul 8, 2021  Modine Manufacturing (MOD-NYSE)
  Posted on: Jul 8, 2021  NCR Corp (NCR-NYSE)
  Posted on: Jun 24, 2021  Live Person (LPSN-Nasdaq)

View All Archives

Trailer
Website Design and Development by Webelancer.com