Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
Broadcom's 10-for-1 stock split: Is it time to jump in?
Views 242K Contents 50

Key US jobs data and Stocks in view this week - AVGO, FCX and more

avatar
Trader’s Edge joined discussion · Sep 2 11:33
Key US jobs data and Stocks in view this week - AVGO, FCX and more
Stocks to Watch
Broadcom Inc (AVGO US) $Broadcom (AVGO.US)$
Key US jobs data and Stocks in view this week - AVGO, FCX and more
Daily Chart -[BEARISH ↘ **]AVGO is holding below 166.65 resistance and in line with descending trendline resistance as well. A pullback below this resistance towards 149.10 support is expected. RSI indicator is toppish, approaching resistance where price pulled lower in the past.
Alternatively: A daily candlestick closing above 166.65 resistance will open a limited rise towards next resistance at 177.05.
Freeport-McMoRan Inc (FCX US) $Freeport-McMoRan (FCX.US)$
Key US jobs data and Stocks in view this week - AVGO, FCX and more
Daily Chart -[BULLISH ↗ **]FCX has reversed from its recent lows and is drifting higher. As long as price is holding above 43.00 support, a further push up towards 48.00 resistance is expected. Technical indicators are advocating for a bullish scenario as well.
Alternatively: A daily candlestick closing below 43.00 support will open a further drop towards next support at 41.05.
Mitsui Fudosan Co (8801 JP) $Mitsui Fudosan (8801.JP)$
Key US jobs data and Stocks in view this week - AVGO, FCX and more
Daily Chart -[BULLISH ↗ **]8801 JP while consolidating in a sideways range since June this year is drifting higher. As long as price is holding above 1510.50 support, a further push up towards 1635 resistance is expected. Technical indicators are advocating for a bullish scenario as well.
Alternatively: A daily candlestick close below 1510.50 support will open a drop towards next support at 1435.
Komatsu Ltd (6301 JP) $Komatsu (6301.JP)$
Key US jobs data and Stocks in view this week - AVGO, FCX and more
4 Hour Chart -[BEARISH ↘ **]6301 JP is holding below both long and short term MAs. As long as price is below near-term resistance at 4100, we expecting price to push lower towards 3858 support first, then 3600 next support. MACD is also within a bearish environment showing that there is more bearish momentum currently.
Alternatively: A 4 hour candlestick closing above 4100 resistance will open further rise towards next resistance at 4330.
Capitaland Ascendas REIT (A17U SP) $CapLand Ascendas REIT (A17U.SG)$
Key US jobs data and Stocks in view this week - AVGO, FCX and more
Daily Chart -[BULLISH ↗ **]A17U has been pushing higher since July this year. As long as price is holding above 2.81 support, a further push higher towards 3.00 resistance is expected. Technical indicators are advocating for a bullish scenario as well.
Alternatively: A daily candlestick close below 2.81 support will see price pull lower towards next support at 2.73.
Prepared by:
Moomoo Singapore
Isaac Lim CMT, CFTe
Chief Market Strategist
This report is provided for informational and general circulation purposes only and should not be construed as an offer, solicitation, or recommendation for the purchase or sale of securities, futures, or other investment products. It does not take into consideration any particular needs of any person. This advertisement has not been reviewed by the Monetary Authority of Singapore.
For full disclaimers, please visit https://www.moomoo.com/sg/support/topic5_935.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
35
1
+0
Translate
Report
126K Views
Comment
Sign in to post a comment