Broadcom Inc.Long
Stock Of The Day / 12.16.24 / AVGO
12.16.2024 / AVGO
Fundamentals. Second day of growth on the back of a positive earnings report.
Technical analysis.
Daily chart: Exit upwards from a six-month accumulation.
Premarket: Gap Up on increased volume.
Trading session: Strong non-pullback growth from the opening of the session to the level of 247.00. We are looking for an opportunity to join the uptrend on a pullback. The price pulled back to the level of 238.00, after which it returned and showed a clear hold of the level of 240.00. We are considering a long trade to continue the upward movement.
Trading scenario: pullback along the trend (false breakout with retest) of level 240.00
Entry: 241.10 on impulse up after holding the level at 19:30
Stop: 239.44 we hide it behind the previous higher low
Exit: Close part of the position before the high of the day 247.00. Close the rest of the position around 248.89 after an unsuccessful attempt to update higher high.
Risk Rewards: 1/4
AVGO Fundamentals. Second day of growth on the back of a positive earnings report.
Technical analysis.
Daily chart: Exit upwards from a six-month accumulation.
Premarket: Gap Up on increased volume.
Trading session: Strong non-pullback growth from the opening of the session to the level of 247.00. We are looking for an opportunity to join the uptrend on a pullback. The price pulled back to the level of 238.00, after which it returned and showed a clear hold of the level of 240.00. We are considering a long trade to continue the upward movement.
Trading scenario: pullback along the trend (false breakout with retest) of level 240.00
Entry: 241.10 on impulse up after holding the level at 19:30
Stop: 239.44 we hide it behind the previous higher low
Exit: Close part of the position before the high of the day 247.00. Close the rest of the position around 248.89 after an unsuccessful attempt to update higher high.
Risk Rewards: 1/4
Если у вас появились вопросы по данному разбору, у вас есть альтернативное мнение или вы хотите поделиться собственной акцией дня - добро пожаловать в Telegram t.me/stock_of_the_day_channel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Если у вас появились вопросы по данному разбору, у вас есть альтернативное мнение или вы хотите поделиться собственной акцией дня - добро пожаловать в Telegram t.me/stock_of_the_day_channel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.