Inverse Head Shoulders | Long Bias1h TF
Seem Inverse Head Shoulders being happened, just wait for confirmation after break the neckline at 2.77
Wait...
Aitrend
AVGO dips for a buy now $50 under ATH LONGAVGO is asking to be chased. On the daily chart, the price is now $50 below the ATH of
the top of of the month. RSI on the lower TF green line has pulled back to 72 from 85.
The longer TF black line is admittedly in overbought territory. The longterm growth
expectations of the AI stock defy ordinary technical analysis, AVGO is 3-4% below the ATH.
I see this as an opportunity to diversify in AI stocks by getting a small position in BroadCom
to supplement NVDA, MU and INTC. I am looking at TXN as it has a lower price tag and is
about 10% below ATH. ( The growth prospects need a look to see if they are there.)
I expect AVGO to compete well in the space and can see that it is making agreements with
some other companies well situated in AI .
Failed test then Down againDaily Chart
Fetch BINANCE:FETUSDT has failed at resistance zone and turn back to down again.
Now, FET is trading at 236x and recovering to test resistance again.
I expect FET will down to 1313 before recovery
Wait for next move
Two points to buy | Bounce from supportFetch BINANCE:FETUSDT is downing to the support zones at 0.18 and 0.135
It's trading at 0.197x now
Those zones are good to buy
Wait a next move
