Neutral Trade IdeaUpdating a recent idea I posted on AVGO here. Not too sure on the RSI trendline strength for this oneLongby gumbtgPublished 3
AVGO Support + TrendlineAVGO closed with an inverted hammer in a support and a trendline. KL: 244.60 SL: 238.70 TP: 258.5Longby AByfieldUpdated 4
$AVGO Breakout Setup ---6/10--- Has to clear orange resistance bar first. CLearing the 61.8 RSI level is another hurdle for this one. Not too bullish on. I will not take this tradeby gumbtgUpdated 2
AVGO still a good playAvgo fell after I initially started watching it, I believe this was profit taking after the dividend period. However, price seems to be resting on a support line for now so I'm going to continue watching this. The arrows I drew more or less represent the price action that I'm expecting. Longby gingerheadtraderPublished 3
AVGO likely to bounceAVGO getting heavy volume on the bottom of its upward channel. I'll be a buyer above the top of this triangle in price and I'll reassess around $260. If it breaks into $260/all-time-highs it'll likely be good for much, much more. There is a line of resistance on both the RSI and MacD indicators that will be very important to watch, a break to the upside on either of these is a very bullish signal. Analysts seem very bullish on this ticker as well. Longby gingerheadtraderPublished 1
Trying to catch the BreakOutTrading above 259 should initiate a further buyingwave with tp @ ~ 285Longby The_CannalystPublished 7
AVGO- H&S formation short at the break of $234.87 & 223.23 AVGO is breaking down from a H&S formation. Moneyflow is going down sharp. It looks pretty good quick short setup. * Trade Criteria * Date First Found- June 27, 2017 Pattern/Why- H&S formation Entry Target Criteria- Break of $234.87 Exit Target Criteria- $223.23 Stop Loss Criteria- $241.23 Please check back for Trade updates. (Note: Trade update is little delayed here.)Shortby AcornWealthCorpPublished 3
AVGO longavgo continues with the trend. catch here on better price, wait for reversal Longby LucasSorkinPublished 4
Short AVGO at its rally because it is well overbought.Short AVGO at its rally because it is well overbought and will be pulled back next week. Shortby PetergluisPublished 2