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Broadcom

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
NVIDIA - Bears, This Is Your ChanceIn a previous post on NVIDIA following its earnings gap all time high, I posited that a bearish three drives was a real possibility, which would involve the stock actually going down and then driving up a few more times in accordance with the overall market topping: NVIDIA - A Scenario Few Are Considering. Few. Few. Few. That never panned out, and instead what we're looking at instead, as you can tell with all the insider selling, is a very likely bump and run reversal. But distribution patterns take a very long time to manifest, and one of the biggest tells with NVIDIA is despite it going from $366 to $440, it really has never targeted the sell side, not even rebalancing the original gap. As far as this company goes... well, when you come across something like this whose CEO is a Taiwanese dude prancing around in a leather jacket for every photo op while it's trading like a Chinese Communist Party pump and dump, a number of red flags beyond the 250x P/E it's trading at should emerge. Companies and their officers who have connections to the CCP are very dangerous, for the geopolitical situation is tense. Much is at stake right now with Mainland China and whether or not Xi Jinping is intelligent enough to get rid of the Party. If Xi can't get rid of the Party, then the International Rules Based Order will do it for him and will go to install their own people from Taiwan in the Mainland. Xi always has the option to weaponize the 24-year persecution of Falun Gong, started by the Jiang Zemin faction that's rooted in Shanghai, to take down the Party and defend China from the groups that wish to invade. Live organ harvesting isn't a sin that can survive public scrutiny, really. None of this is healthy for the markets, and if you're long on stocks at the top, some of them aren't coming back. The indexes might come back, but many companies definitely go to zero and will be replaced by a future generation. When you look at NVIDIA on the monthly, does this look like somewhere that you want to go long? A monthly "gap" like this will certainly always be filled, and it just happens to be right around the actual level we're looking to target. The weekly bars are severely ranged compressed, which tells us that a big move is coming I have a call on that Nasdaq that we're about to get a pretty violent and serious correction, but that it will really be a bear trap: Nasdaq - The Great Bear Trap You might feel right now that stocks ONLY GO UPPY. But considering you're in a bear market and these things have been mooning for like an entire quarter right now, you might want to check that notion before that notion wrecks you. The problem with NVIDIA going and making a new high right now is it's failed to do so twice. Friday's end of the day was a big rejection on everything Nasdaq. And this is a time when price stopped just 1.8% short of the high. So what it was really doing was covering the old range, and taking stops over the most subordinate high to the all time high. Another big tell is the SOXS and SOXL 3x leverage semiconductor ETFs are simultaneously setup on weekly and daily candles to breakout/retrace, and both started to do that in sync on the Friday dump. NVIDIA is the top component of the index underlying the ETF at roughly 9%. The most obvious place for it to retrace to to start taking out sell stops is the $395 gap. But this is only 5% at this point and not very scary. Meanwhile, all the bulls and all the bears start selling on a break of $366, because Discord and Reddit told them to and some books and guru videos told them to "because confirmation." Once the gap is finally balanced, I believe that Nasdaq is going to rip to something like 16,000 before we're done, and NVIDIA will actually finish its lifespan with a 5-handle. So for bears: here's your opportunity. But you better have realistic expectations. For bulls: here's your opportunity. But you better have patience in buying the dip, and you'll find you "made a lot of money getting out of the market too early." And for bulls and bears: stay away from ponzi companies and social distance from the CCP and all the Marxist-Leninist and atheist things. If you don't, you'll face more than the liquidation of your brokerage accounts, to say the very least.
Editors' picks
NASDAQ:NVDAShort
by LordWrymouth
159
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
Broadcom: Slide 🛝Broadcom is amusing itself in the playground consisting of the green zone between $648.08 and $577.41 and has lately been lingering mainly at the 78.60%-retracement at $621.54. However, soon, the share should switch over to the red slide leading below the support at $572.10 and into the lower green zone between $531.78 and $465.02 to finish wave 2 in green. This low should then grant the share new upwards momentum. There is a 37% chance, though, that Broadcom could prefer the jungle gym and thus climb above the resistance at $648.50. In that case, we would expect a new high in the form of wave alt.1 in green in the magenta-colored zone between $673.07 and $774.04 first, before the downwards movement can start again.
NASDAQ:AVGO
by MarketIntel
Looking to buy Broadcom at 50 EMA.Broadcom - 30d expiry - We look to Buy at 601.11 (stop at 579.11) Price action continues to trade around the all-time highs. Daily signals are bullish. There is no clear indication that the upward move is coming to an end. We look to buy dips. 50 1day EMA is at 600.11. A lower correction is expected. Bespoke support is located at 600. This stock has seen good sales growth. Our profit targets will be 654.32 and 664.32 Resistance: 648.50 / 665.00 / 677.76 Support: 625.00 / 615.00 / 600.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NASDAQ:AVGOLong
by VantageMarkets
AVGO - bearish move short-termAVGO has been in a short-term uptrend. However it looks that the price is approaching the key resistance. We expect that the stock price may decrease in the coming period. Therefore, we recommend taking a short position when and only if the price breaks the upsloping trendline that has been acting as a support. Once the price breaks this support , we can enter a short position, however it’s also possible to enter short when the price bounce back up and retests the trendline, get rejected and confirm it as a resistance. When we look at the RSI, we see that there is a regular bearish divergence. That divergence shows the buyers exhaustion therefore there is a high probability that the price of the AVGO will go down in the next few days. We recommend closing to the short at 0.618 Fibonacci point. Target is shown on the chart.
NASDAQ:AVGOShort
by vf_investment
AVGO: Head and Shoulders?Broadcom Intraday - We look to Buy at 457.26 (stop at 435.69) A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. The measured move target is 512.00. Dip buying offers good risk/reward. Our profit targets will be 510.99 and 530.00 Resistance: 512.00 / 574.00 / 670.00 Support: 450.00 / 350.00 / 260.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NASDAQ:AVGOLong
by VantageMarkets
1
AMD:Bear market rally or turnaround?Advanced Micro Devices Short Term - We look to Buy at 95.03 (stop at 83.57) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. The trend of higher lows is located at 90.43. This is positive for sentiment and the uptrend has potential to return. We look to buy dips. Further upside is expected. Our profit targets will be 125.60 and 133.11 Resistance: 125.60 / 140.00 / 157.50 Support: 93.50 / 84.00 / 72.30 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NASDAQ:AMDLong
by VantageMarkets
VMW: Merger Arbitrage !?VMware Intraday - We look to Buy at 110.32 (stop at 100.60) This stock has recently been in the news headlines. Broadcom agreed to buy the company for $61B USD. Trading volume is increasing. We look for a temporary move lower. Bespoke support is located at 110.00. Dip buying offers good risk/reward. Our profit targets will be 139.88 and 150.00 Resistance: 140.00 / 150.00 / 167.00 Support: 110.00 / 92.50 / 85.50 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VLong
by VantageMarkets
Broadcom Inc broadly dropping South. AVGOImmediate targets 516, 470. Invalidation 778. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
NASDAQ:AVGOShort
by Rykin_Capital
Broadcom Inc is About to Dive. AVGOA very similar picture to Pfeizer from earlier today. Divergent end of a five Wave move and we won't reiterate further than this. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
NASDAQ:AVGOShort
by Rykin_Capital
AVGO | Bearish trend started. Go Short!When it comes to AVGO , the price is likely to fall because of the weak support areas. Also the price has broken the parallel channel; that means the price’ll fall until it find a support area.So your first target would be the S1; where price got rejected because of the huge demand. If you find this technical analysis useful, please like & share our ideas with the community. What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
NASDAQ:AVGOShort
by maxprofwizard