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US Technical Analysis Report

U.S. Markets Edge Higher: Two Stocks to Consider – AVGO, HNHPF

Aug 28, 2026

  • AVGO:NASDAQ
  • Investment Type
    Large-cap
  • Risk Level
  • Action
  • Rec. Price (US$)
  • HNHPF:OTCMKT
  • Investment Type
    Large-cap
  • Risk Level
  • Action
  • Rec. Price (US$)

Company Overview: Broadcom Inc. (NASDAQ: AVGO) is a global technology company. It designs, develops and supplies a broad range of semiconductor and semiconductor-based solutions and infrastructure software solutions. Hon Hai Precision Industry Co Ltd (OTC: HNHPF) is a Taiwan-based company mainly engaged in the provision of various connectors, housings, radiators, assembled products and related products related to the information industry. This Report covers the Price Action, Technical Indicators Analysis along with the Target Levels, Stop Loss, Support Levels, Resistance Levels, and Recommendations on these two stocks.

US Markets Round-Up

This week, the Russell 3000 index, an important benchmark of the US stock market across market capitalizations began week in the red but ultimately turned positive. The index made a high 4405.28 of during the week and settled at 4399.52 with a week-to-date (WTD) gain of ~0.68 percent on Aug 27, 2026. Other major indices, such as S&P 500 and NASDAQ Composite, witnessed upside movement for the week. On Aug 27, 2026, the S&P 500 index settled at ~7730.99 with a WTD gain of ~0.72 percent, while the NASDAQ Composite Index settled at 26541.35 with a WTD gain of ~1.57 percent. 

Having understood the US market performance over the week, taking cues from major global news, and based on technical analysis of the Russell 3000 index for the upcoming week, now let’s have a look at the two US-listed stocks to pick from the technical standpoint. Noted below recommendations are based on the entry price, target prices, and stop-loss for Broadcom Inc. (NASDAQ: AVGO) and Hon Hai Precision Industry Co Ltd (OTC: HNHPF) and engages for the next 2-4 weeks duration: 


Disclaimer-

Kalkine Equities LLC, with Delaware File Number 4697384, Foreign Qualification Registration in California File Number 202109211078, and Texas File Number 805521396, is authorized to provide general advice only. The information on https://kalkine.com/ does not take into account any of your investment objectives, financial situation or needs. You should consider the appropriateness of advice taking into account your own objectives, financial situation and needs and seek independent financial advice before making any financial decisions. The link to our Terms and Conditions  and Privacy Policy has been provided for your reference. On the date of publishing the reports (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.

Past performance is not a reliable indicator of future performance.

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