Get started

AVGO

AVGO Chipmaker in an ascending channel SHORTOn a 30-minute chart, like several other computer chip manufactures has approached or reached a near-term top. Overall Broadcom has gained 19% YTD. Earnings are in about two weeks. I see this as a short trade to follow AVGO from the top of the channel down to about 1225 in time to catch earnings at the bottom of the channel to end the swing trade and instead go long from there. I intend to close the trade two days before earnings and flip sides hunting the beat on the earnings.
NASDAQ:AVGOShort
by AwesomeAvani
TESLA & SMCI: the tail of Semis vs EV stocks.Tesla has had a beautiful bounce off support. This bounce comes on the back of a strong market, charging higher. If Tesla can hold above $195 it may move for the gap fill. Caution to the wind with Tesla as it has triggered a very bearish breakdown. SMCI is one of the best performing Semis. Its gone completely parabolic on its earnings. after gapping up 30% on its pre guide, its now up another 10% in the afterhours. The semis seem to have an unlimited amount of capital flowing into them. Look for an intra day short opportunity (day trade) on SMCI
NASDAQ:TSLA
by Trading-Capital
AVGO: Eyeing an aggressive bullish breakout. Broadcom Inc is overbought on the 1D technical outlook (RSI = 75.003, MACD = 23.960, ADX = 31.411) but on the long term it is only testing the middle of the 1 year Channel Up pattern. This recent rally was initiated after the 1D MA50 held on December 6th. If the middle of the Channel Up breaks, we will go long and target the top (TP = 1,300) as it could be a bullish breakout as aggressive as May 26th. If it doesn't break, we will wait for another pullback to the 1D MA50 and then buy towards the middle again (TP = 1,100). See how our prior idea has worked: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:AVGOLong
by InvestingScope
Broadcom Ltd (NASDAQ: $AVGO) Growth MomentumPrice Momentum AVGO is trading near the top of its 52-week range and above its 200-day simple moving average. The 50-day Moving Average is above the 200-day moving average meaning NASDAQ:AVGO may continue its Bullish Trend. NASDAQ:AVGO 's 50-day moving Average crosses the 100-day Moving Average indicating a partial "Golden Cross". Investors have been pushing the share price higher, NASDAQ:AVGO still appears to have upward momentum. This is a positive sign for $AVGO.
NASDAQ:AVGOLong
by DEXWireNews
Broadcom Closes $69 Billion VMware Deal After China ApprovalBroadcom (AVGO.O) closed its $69 billion acquisition of cloud-computing firm VMware (VMW.N) after receiving regulatory approval in last major market China and ending a months-long saga. The deal, one of the biggest globally when announced in May 2022, was the latest in CEO Hock Tan's efforts to boost the chipmaker's software business. However, the transaction faced tough regulatory scrutiny across the world and the companies had delayed the closing date three times. China's regulatory approval came through on Tuesday after ongoing tensions with the U.S. around tougher chip export control measures had stoked fears among some investors on the company's ability to close the deal before the Nov. 26 deadline. "The improved mood music after the meeting between China's President Xi Jinping and U.S. President Joe Biden earlier this month helped to settle remaining nerves," Danni Hewson, head of financial analysis at AJ Bell, said on Tuesday, after the companies said they planned to close the transaction on Nov. 22. The European Commission had approved the acquisition after Broadcom offered remedies to help rival Marvell Technology (MRVL.O) while the UK's Competition and Markets Authority (CMA) gave its green light following an in-depth investigation. Big Tech mergers such as Microsoft's (MSFT.O) now-closed $69 billion purchase of the "Call of Duty" publisher Activision have faced heightened regulatory pressure from the U.S. Federal Trade Commission under its Chair Lina Khan. Price Momentum AVGO is trading near the top of its 52-week range and above its 200-day simple moving average. What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
NASDAQ:AVGO
by DEXWireNews
$AVGO Broadcom Inc. Bull FlagA pull back to the orange line will be my buying opportunity, break below and confirm stop out. The mention of a "Bull Flag breakout" in relation to NASDAQ:AVGO (Broadcom Inc.) suggests a specific pattern in technical analysis that indicates potential bullish momentum. Here's a breakdown of what this means: 1. **Bull Flag Pattern**: This is a continuation pattern that occurs after a strong price movement upwards, followed by a consolidation phase that forms the 'flag.' The flag is typically a slight downward or horizontal sloping rectangle formed by parallel trendlines against the preceding uptrend. This pattern is considered bullish because it often signals that the stock is gathering strength before a further upward move. 2. **Breakout**: A breakout in this context means that the stock price has moved above the upper boundary of the flag pattern. This is usually accompanied by an increase in volume and is seen as a confirmation that the stock is resuming its prior uptrend. 3. **Implications for NASDAQ:AVGO **: For Broadcom Inc., the observation of a Bull Flag breakout implies that the stock might be entering a phase of continued upward price movement. Investors and traders often interpret this as a buying opportunity, anticipating further price increases. 4. **Technical Analysis Considerations**: When analyzing a Bull Flag breakout, it's important to consider the volume during the breakout (higher volume provides stronger confirmation), the height of the mast (the initial price surge before the flag formation), and whether other technical indicators support the bullish sentiment. 5. **Risk Management**: While Bull Flag breakouts can be powerful signals, they are not infallible. It’s crucial to incorporate risk management strategies, such as setting stop-loss orders, to protect against the possibility that the breakout does not lead to the expected upward trend. 6. **Fundamental Factors**: Beyond technical analysis, it's also essential to consider Broadcom's fundamental factors, such as its financial health, industry trends, and overall market conditions, as these can impact the stock's performance irrespective of technical patterns. Remember, technical analysis like the Bull Flag pattern is just one tool in a broader investment strategy. It's always recommended to consider a range of factors and perform comprehensive analysis before making investment decisions.
NASDAQ:AVGO
by AlgoTradeAlert
BROADCOM Straightforward plan with an eye on the break out.AVGO is testing the Resistance (1) level (925) of the 4 month Rectangle pattern. This is a short term sell signal unless it crosses upwards. The Rising Support trend line has been holding the long term bullish trend intact for 1 year exactly (October 13th 2022). Trading Plan: 1. Sell as long as the candles close under Resistance (1). 2. Buy if one closes over it. Targets: 1. 840 (Rising Support). 2. 1077 (Fibonacci 2.0 extension). Tips: 1. The RSI (1d) crossed above its Rising Resistance. Potential signal, in combination with holding the Rising Support, that a long term break out is ahead. Please like, follow and comment!!
NASDAQ:AVGO
by TradingBrokersView
AVGO and SOXS Preparing to Move BigSOXS the 3x Inverse ETF for Semiconductors, has broken out of a Bullish Head and Shoulders and now sits at the 89EMA. If things go as expected, SOXS should be clear to at least give us a 60-150% rally. At the same time, we also have a Bearish AB=CD on AVGO and what looks to simply be filling of a gap it made at $830 after breaking below its own slanted Bearish Head and Shoulders neckline as seen here: If things go as I expect them to, we will see AVGO open the week to aggressive downside with minimum overall targets as deep as 50% below current prices.
NASDAQ:AVGOShort
by RizeSenpai
4
Broadcom (AVGO) -> Stronger Than NvidiaMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term wealth! In today's anaylsis I want to take a look at the bigger picture on Broadcom. Over the past 12 months Broadcom stock rallied more than 120% towards the upside, following the major hype in the whole semiconductor and AI sector. After this recent pump it is quite expected that we will see a short term correction and if Broadcom retests the previous all time high at $630, this will be a perfectly bullish setup. - - - - - - - - - - - - - - - - - - - - I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy. Keep the long term vision🫡
NASDAQ:AVGOShort
by basictradingtv
30
$INTC - Rising Trend Channel [MID-TERM]🔹Between support 32.86 and resistance 37.24 in Rectangle Formation. 🔹In case of a NEGATIVE reaction, it has support at approximately 33. 🔹Technically POSITIVE for the medium long term. Chart Pattern: ◦ DT: Double Top | BEARISH | 🔴 ◦ DB: Double Bottom | BULLISH | 🟢 ◦ HNS: Head & Shoulder | BEARISH | 🔴 ◦ REC: Rectangle | 🔵 ◦ iHNS: inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe later. WavePoint ❤️
NASDAQ:INTCLong
by wavepoint99
AFRM - Rising Trend Channel [MID-TERM]🔹Breakdown support of rising trend channel in the medium long term. 🔹Support at 13.81 and Resistance at 19.99 in Rectangle formation 🔹Slightly risen above the resistance level of 17. 🔹Technically POSITIVE for the medium long term. Chart Pattern: 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe later. WavePoint ❤️
NASDAQ:AFRMLong
by wavepoint99
QCOM - Falling Trend Channel🔹Breakout resistance at 123 in inverse head and shoulders formation. 🔹Tests resistance at 126, potential NEGATIVE reaction; upward breakthrough signals POSITIVE. 🔹Technically NEUTRAL for the medium long term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe later. WavePoint ❤️
NASDAQ:QCOM
by wavepoint99
TSM - Taiwan, Your Semiconductor Long HedgeAt present, the US equities markets are at a critical inflection point, especially tech. We're still in the bear side of a correction in an extremely major bull market impulse fuelled by Party Central's COVID stimulus programs, and yet flirting with all time highs. Sometimes markets top without a blow off. Nasdaq's daily chart, above, shows price raided the 16,000 psychological level and the January 2022 pivot that ended the bull market. This is really significant in and of itself, but even more significant in that the 3% rejection thus far indicates that tech *may* have truly topped already. In my recent call on NVIDIA, some people correctly criticized that I have the problem of being bearish when a stock is clearly bullish. I have thought about this quite a bit and think the criticism is fair. With NVIDIA, I believe the stock has either topped or will top before/at $500 in a coming impulse. However, if one had have just gone long on the dips from low $400s to the $480 mark, they could have financed a freeroll "Short God From The Top" dream trade with potentially huge upside. And that brings us to Taiwan Semiconductor, a company that I believe is a clear long on all time frames and has several significant advantages: 1. It's Taiwan's gemstone and thus highly relevant to the geopolitical concerns I will outline below 2. Producer of much of the world's most advanced chips 3. Market cap still under $500 billion (Thus, room to 2 or 3x in the future) 4. Is not a component of the Nasdaq, the SPX, the Dow, or the Russell, and thus can impulse long even if the equities market corrects 5. Accounts for only 3.4% of the index the SOXX/SOXL/SOXS ETFs underlie, and thus can impulse long even if the semiconductor industry corrects sharply 6. Washington is banning NVIDIA and ASML from selling to China, but never mentions TSM 7. If TSM pulls out the "AI" marketing card with a new offering, watch out for fire. In previous posts I have mentioned that the Chinese Communist Party is about to fall. While people may find that unbelievable or too good to be true, it's worth noting that when the USSR was brought down by Gorbachev and friends on Christmas Day 1992, nobody believed it was possible then either. Those of us who are old enough to remember know you woke up one day to see it all over the news and nobody knew how it would happen. Many entities are considering how to take control of China and its 5,000 year old culture, history, natural resources, and land when the Party falls. The International Rules Based Order wants China for its own reasons, and the reason "Washington" has made itself so close to Taiwan isn't because Xi Jinping intends to invade Taiwan (The CCP is too weak after so many people died from Wuhan Pneumonia), but because the IRBO intends to use The Republic of China to replace the Communist Party for its own ends. The ultimate purpose is to install genuine communism (note the CCP only still practices socialism according to its own dogma) worldwide via panopticon social credit systems and central bank digital currencies. If you want a future you and your family can live in, you want our traditions, imparted by God, and not this junk imparted by Karl Marx and the specters that belied him. I've mentioned before that Xi, an ostensible Chinese nationalist, has the option of weaponizing the 24-year persecution and organ harvesting genocide against the 100 million practitioners of the Falun Gong/Falun Dafa spiritual cultivation practice by the faction of his predecessor Jiang Zemin and the CCP in order to ensnare the IRBO and its banking cartel. However, all of the world's critical pieces (Yellen, Musk, Kissinger, Dimon) visiting Beijing "for talks" combining with a recent significant strengthening of the yuan and a potential recovery of China tech stocks indicates that the IRBO is now onside with the Xi administration. Which means that Xi may have sold out China and the future in a Faustian Pact with the IRBO in order to maintain his power, because he's too much of an idiot to throw away the CCP, return to China's 5,000 years of dynasties, and enter the future. Either way, once there's some kind of news cycle about "Taiwan" (just go look at all the war clamoring that appeared this month in The Economist et al), TSM can moon no matter what the rest of the equities market does, and counts as an excellent long hedge during catastrophe. I can only say that if you go long, especially significantly long, on anything right now, you really ought to be hedging volatility long while the VIX is maintaining a 13-handle. So here's the trade. TSM dumped some 6% on earnings under $98, which is a hell of a dip to buy. It's a dip to buy because daily price action on the way up stopped just short of the curiously-numbered $111.11 (the Chinese are extremely numerological/superstitious), which naturally makes this figure a target for a retrace It's only that on the hourly, TSM doesn't show any signs of having bottomed beyond not making a lower low on the first day. But with the biggest FOMC of the year on Wednesday, July 26 (big hike possible, next meeting not until Q3 end September 20), longing today may have been too early. But not too early by much. Arguably only 3%. The most bullish continuation for TSM would be to maintain a "higher low" formation, protecting the wick of the June low at $94.25. Upside targets are immediately $113+ (Masonry, roar?) and $130 (Masonry, rawr!) if bearish. If all things Taiwan become memefied like artificial intelligence did because of what's going on in China, then there's little to stop TSM from becoming a $1 Trillion market cap company like NVIDIA et al, which would actually mean upside over $200 is in the cards through the 2024 Presidential Election. But mankind's best laid plans are merely those of mice. This race is like bacteria and this planet is little more than a speck of dust when viewed from higher places in the enormous and boundless Cosmos we currently sit in. What the Cosmos looks at is a race, a planet, and an individual's moral standard and spiritual realm. Thus, the more calamity is on deck the more critical it is to take good care of your family and friends and use the time that we all have left before the world changes forever to make up for the things from the past that have been done wrong, when they should have been done well. Take good care of yourselves.
NYSE:TSMLong
by LordWrymouth
1
ASML - Rising Trend Channel [MID -TERM]🔹Forming inverse head and shoulders pattern. 🔹Breaking resistance at 793 indicates further rise. 🔹POSITIVE signal from Rectangle formation breakout resistance at 668; Next resistance at 762. 🔹Technically POSITIVE for medium-term long-term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe later. WavePoint ❤️
NASDAQ:ASMLLong
by wavepoint99
AVGO: Is about to give a breakout signal. Follow it.AVGO is trading inside a Triangle pattern on a bullish 1D time frame (RSI = 62.459, MACD = 29.570, ADX = 26.143) supported by a HL trendline since October 14th 2022. The way the Triangle breaks to will most likely reveal the next medium term direction. Under it, we will sell and target the 1D MA100 (TP = 760.00) while over it, we will buy and target the 1.5 Fibonacci level (TP = 990.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:AVGO
by InvestingScope
2
NVIDIA - A Scenario Few Are Considering. Few. Few. Few.NVIDIA's price action last week was a historic event in the markets, and at a very strange time. Whenever you see such an outlier, it's time to perk up and really give a deep think to what's going on in the world at large. For me, I had long since anticipated NVIDIA would print a new ATH, but I did not believe it would do it until the markets at large had started to moon, which I stated in a March call, which turned out to be pretty accurate. NVDIA - Expect Sideways Until Bear Puts Expire Worthless The fact that a megacap could take out the November of 2021 highs before the Fed started hiking is extremely indicative of what's going on, namely that the indexes and the market at large are sure to follow. I've heard some pretty good theories that NVIDIA being able to do what it's done has a lot to do with Chinese Communist Party entities running a "boomerang" through Cayman Islands-based proxies that are shuffling liquidity through big enterprises like the US banks located in Hong Kong. NVIDIA also reportedly relies on Taiwan-based TSMC to make its processors, and right now, Taiwan is the springboard for the western globalist interests to attempt to take control of Mainland China when the CCP collapses in the upcoming future. The Party has recently stated that the mainland is scheduled to get hit up by 60 million new cases ***per week*** of the nouveau variant of the Omicron version of the Wuhan-originating Coronavirus Disease, and yet the Communist Party is not reporting any hard figures on case counts and death through the global faucets, and has not since Xi dropped the Zero COVID social credit scheme in January. And on top of that is the soon-to-be 24 year long persecution of Falun Dafa by Jiang Zemin and its Shanghai faction combining with the CCP itself, a persecution that targeted 100 million people and committed the unprecedented sin of live organ harvesting. The sin of the persecution is so enormous that once brought into the public eye, no matter who you are in this world, you'll be brought down as retribution for evil. So there's a lot to watch out for in geopolitical tensions, and a lot at play. The biggest thing right now is that the markets are set to pump to provide people with a new distraction as they try, once again, to get rich, and quick, instead of paying attention to what is important in life. Everyone is now convinced that NVIDIA is unshortable, and some are even looking for a mild pullback to go long on the "parabolic trend line." Frankly speaking, there's a lot of risk in buying ATHs when you're dealing with something governed by a clever MM, and if the Q2 ER scam doesn't convince you that NVIDIA's MM is clever, "Sorry, I don't have time to explain it to you." In making this call, I would like to say that NVIDIA going parabolic is pretty likely. I'd also like to say that some formation like this, which we saw on Sun Microsystems in the Dotcom bubble, is also pretty likely: If the Sun fractal is valid, then this call is invalid. How it would play out is kind of like what Boeing did in 2018-19: Or what BTC CME Futures has already done Meaning that shorting will remain extremely risky, but going long won't necessarily have any opportunities to meaningfully pay. However, if the MMS are intending to conduct a turtle soup into a three drives/three Indians pattern, you do actually have the opportunity to Shortgod the top, get long at the bottom, and collect an even bigger trade. What this would involve is that starting in June NVDIA begins to retrace, and if it were to be so, it would likely retrace with a consistency that is as good as selling volatility has been in the last 9 months. It would refill the May gap completely, and rebalance the unbalanced March gap, which coincides with the recent market structure's range equilibrium at $250 and the week of April 24's pivot. Many have said that the debt ceiling crisis being resolved by the Federal government often results in a stock market crash since the market has to absorb all the new TBonds that the Treasury has to issue to keep the government afloat. If you couple that with how the market didn't go down at all during the debt ceiling crisis itself, a bear impulse appears more and more likely. If it were to do this, NVIDIA would also never print a $1 trillion market capitalization despite being so close. NVDIA likely would quickly bounce at this point and then the target would be one standard deviation above the May high, coming in at $540, which would also take the psychological $500 level. Doing this will encourage and trap bears all the way down, and then slaughter bulls over $500. Doing this will slaughter the bulls that have already bought the top, and at present, the bears have literally all been killed. Projected time frame for this to happen would be something like a September bottom and the top would come in the middle of '24 with the next U.S. Presidential Election on the horizon. Of course, that assumes that the world remains in good enough shape to be stable in any way a year from now. I do not have conviction that this will be the case it will play out, but I wanted to post this theory because the timing, logic, and price action all support it strongly, and it's the one scenario that nobody is considering, which also happens to generate a lot of alpha if you can get on top of it.
NASDAQ:NVDA
by LordWrymouth
6