NASDAQ:BRCM - Nasdaq - US1113201073
Taking everything into account, BRCM scores 6 out of 10 in our technical rating. In the last year, BRCM was one of the better performers, but we do observe some doubts in the very recent evolution.
Although the technical rating is only medium, BRCM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 54.60, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BRCM in the last couple of days, which is a good sign.
47.94
3 important support areas can be observed.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
54.75 | 53.40 | 1.35 (2.47%) | 25.00% |
An entry @54.75. This is a Buy Stop order right above the 10 day high. | An exit @53.40. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.35 points, which is 2.47%. | For a 0.62% total portfolio risk, you can invest 25.00% of your capital in this trade. |
54.67
+0.17 (+0.31%)