NVDA, INTC and AVGO Forecast – Tech Stocks Attempt to Rally into New Year

Intel Analysis - Intel is expected to experience a slight increase at the market open, with the $38.50 level acting as a significant price point, potentially leading to a target of $44 [1] - Short-term support for Intel is identified at $34, indicating that the market has recently corrected after a rapid increase, but there is no inclination to short the stock [2] Broadcom Analysis - Broadcom is showing mixed trading activity in early premarket sessions, currently positioned just below the 50-day EMA, with the $320 level serving as a support floor since September [3] - A close above the 50-day EMA could signal a potential move towards previous highs, with a target of $400 in sight [3] - There is a general sentiment against shorting the market, suggesting that dips in Broadcom may present buying opportunities, influenced by the overall technology sector and Nasdaq performance [4]