07.07.2016 - Quotations of Broadcom may fall the near future

Price of Broadcom continues to decline along the inclined resistance line and currently is above the level of 150.00. In case of continued negative dynamics, the closest target levels will be 140.00 and 134.00. In case of breaking through the inclined resistance line, quotations will continue to rise to 159.20 and 165.90. We expect growth in the medium term, but do not exclude short-term fall the near future.

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