Buying Opportunity

Launch Chart
KUNAL KAMBLE
AVGO
·
Aug 03 2022
snapshot
BROADCOM

Buying opportunity in security.

The Security is trading near the resistance, if the security is able to close above the resistance for 2 consecutive day buying can be done in the pair for a TP of 660-700

Crossover is seen in the Ema indicating a short term buying opportunity. As per MA studies the security is trading above the EMA indicating positive direction.

RSI is supporting the price.

Advice : Buy if the security is able to close above the resistance and sustain above EMA for a day or two.