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.
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