Avgo .. Broadcom, elevator up, but taking stairs down?
A more in depth look at local lines and trends for Maddy50 who asked about 185 potential.
Well if everything else is falling and this darling likes to stay up, then taking the elevator down will crack many of those fib channel lines and end you at the triple top, and initial breakthrough line at 185. While I already bought shorts , ticker AVS, on here on the 18th....you are free to do what you want and by your own opinion.
But think this through....everything that uses Broadcom isn't selling...put your AI dreams aside and lets check into today reality:
Apple isn't selling anything...neither is Samsung. Your laptops are basically dead as colleges are watching enrollment drop and the idea of handheld devices costing less than say 4-500 dollars is starting to become history...why should this stay up. You can cook the books so well that even Enron will ask what lovely scent of money you got brewing...but you do go down by the exponent of the lies you led or on the speculative growth you guided.
So basically..
that's just a thought...I don't really care once my shorts are in...reality will tell you when to sell when all is settled. But at a high, you can't find anyone selling and people fabricating every way for you to think the good idea is to buy?
Last thing....Lets think...
You have to double that (AI)levator to double your money if Broadcom and the apple and NVidias of this world are to net you double the money....
So what is the next best thing that physics hasn't shown is a scam or a few too many mirrors and slight of hand cant fake?? Think about it people.
Well if everything else is falling and this darling likes to stay up, then taking the elevator down will crack many of those fib channel lines and end you at the triple top, and initial breakthrough line at 185. While I already bought shorts , ticker AVS, on here on the 18th....you are free to do what you want and by your own opinion.
But think this through....everything that uses Broadcom isn't selling...put your AI dreams aside and lets check into today reality:
Apple isn't selling anything...neither is Samsung. Your laptops are basically dead as colleges are watching enrollment drop and the idea of handheld devices costing less than say 4-500 dollars is starting to become history...why should this stay up. You can cook the books so well that even Enron will ask what lovely scent of money you got brewing...but you do go down by the exponent of the lies you led or on the speculative growth you guided.
So basically..
that's just a thought...I don't really care once my shorts are in...reality will tell you when to sell when all is settled. But at a high, you can't find anyone selling and people fabricating every way for you to think the good idea is to buy?
Last thing....Lets think...
You have to double that (AI)levator to double your money if Broadcom and the apple and NVidias of this world are to net you double the money....
So what is the next best thing that physics hasn't shown is a scam or a few too many mirrors and slight of hand cant fake?? Think about it people.
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