Weekly Tech Watch: NDX, AVGO & AAPL at Critical Levels

SmartReversals
02-09 18:06

Tech heavyweights enter the week at pivotal technical junctions. As volatility persists, three key names—$NDX, $AVGO, $AAPL—demand close attention for signals of either continuation or reversal.

Here’s how their setups are shaping up.

1. $NASDAQ 100(NDX)$

The decline toward the lower Bollinger Band played out as anticipated.

For the move to stay sustainable, the Nasdaq 100 must recover and hold $25,123.7. It sounds simple, but with the $VIX at 18.0, volatility remains high, caution is still the priority.

2. $Broadcom(AVGO)$

Most long-wick hammer candles have preceded bounces, just as we saw on Thursday, which led into Friday’s rally.

The second hammer has presented more traction, if that's the case again, bullish continuation can be expected next week.

3. $Apple(AAPL)$

After rallying as predicted last week🎯, $AAPL printed a candle on Friday that is worth watching.

Previous shooting stars have preceded pullbacks, and the daily RSI is overbought. The latest weekly compass is out! get the complete analysis with specific $ levels to watch.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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