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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-

The advice given by Kalkine Canada Advisory Services Inc. and provided on this website is general information only and it does not take into account your investment objectives, financial situation and the particular needs of any particular person. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. The website www.kalkine.ca is published by Kalkine Canada Advisory Services Inc. The link to our Terms & Conditions has been provided please go through them. On the date of publishing this report (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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