Broadcom: Breakout imminent

I think the (1h) chart is self explanatory. We see a sideways channel. in the latest swing low, the pullback to the lower trendline did not happen anymore. Instead it went up again and already slightly took the resistance. I anticipate a strong breakout tomorrow (Monday 2nd of September)

Bären verlieren = Bears loose

AVGO
Chart PatternsTrend Analysis

Disclaimer