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Broadcom price breaches upside trend line - Forecast today - 19-04-2024

Economies.com
2024-04-19 13:26PM UTC

Broadcost’s stock price (AVGO) fell in the intraday levels and trespassed the support of the 50-day SMA, exposing the stock to negative pressure and piercing the upward correctional short-term trend, with negative signals from the RSI, thus doubling negative pressures.

 

Therefore we expect more losses for the stock, targeting the important support of $1174, provided the pivotal resistance of $1438 holds on.

 

Trend forecast: Bearish 

 

 

Apple price extends losses - Forecast today - 19-04-2024

Economies.com
2024-04-19 13:26PM UTC

Apple’s stock price (AAPL) kept falling in the intraday levels, amid negative pressure from the 50-day SMA, coupled with negative signals from the RSI, amid the dominance of the downward correctional trend in the short term.

 

Therefore we expect more losses for the stock, targeting the first support at $159.78, provided the pivotal support of $165.67 was pierced. 

 

Trend forecast: Bearish 

Affirm price tries to recoup some losses - Forecast today - 19-04-2024

Economies.com
2024-04-19 13:26PM UTC

Affirm Holdings’ stock price (AFRM) advanced in the intraday levels amid negative pressure from the 50-day SMA, amid the dominance of the downward downward correctional trend in the short term, while trading alongside the trend line, as the stock tries to recoup some losses, while also venting off oversold saturation in the RSI with positive signals coming out of them.

 

Therefore we expect the stock to return lower, targeting the support of $25.63, provided it settles below the resistance of $37.56. 

 

Trend forecast: Likely Bearish 

 

Agilent Technologies price declines in a volatile session - Forecast today - 19-04-2024

Economies.com
2024-04-19 13:25PM UTC

Agilent Technologies’ stock price (A) continued to decline in the intraday levels, while hurt by piercing the upward correctional trend line in the short term, coupled with negative pressure from the 50-day SMA, thus leaning on the pivotal support of $128.28, lending the stock positive momentum and ending a volatile session, amid negative signals from the RSI after reaching oversold levels.

 

Therefore we expect more losses for the stock, targeting the support of $119.00, provided the support of $128.28 was reliably pierced. 

 

Trend forecast: Bearish