1YD trade ideas
AVGO - Short & Long PossibilityAVGO
Waiting a day or two to see candle behaviors. This chart anticipates a short play.
Broadcom has support above the 21d EMAAVGO briefly dipped below its 21d EMA, but is back above and trading with a fairly tight ATR. Buy Point could be a break back above the high of 10/13 at 387.80. Or more aggressively enter with a quarter or half position at Thursdays high. Use the 10d ATR stop of 9.03% which is above the lower support area.
Buy Point: 387.80
Stop Loss: 9.03% (352.78)
Position Size: R11.08 (Full position)
Broadcom Should Break Out SoonNASDAQ:AVGO is repeating the same pattern from 2 months ago before it broke out. Look for entries near trend line supports or on a break out. Support and resistance levels are clearly marked via the trend lines. Also, when the ADX crosses bullish it will be an extra long indicator.
AVGO bullflag to hgihsSolid company with lots of buying power behind it. The name can move pretty quickly when set up right. Clean formation and the SMA winding is looking primed for a move higher late this week or early next week.
Cup and HandleAVGO is past long entry level for C&H pattern
Possible Rising wedge. Rising wedges at the top are often bearish but not always.
Symmtrical triangle forming and can break up or down.
Broke up from an ascending triangle at 336ish
NV is high
Not a recommendation
$AVGO Broadcom on Alert for Breakout
Whether you believe in TA or not it is hard to deny the significance of this ascending parallel channel,
The stock is now just below midpoint and until it crosses we believe there is to much risk for a long entry.
Alert set on horizontal resistance @ $372 where it can be considered for entry.
Indicators are turning quite Bullish so best wait for a great entry rather than a risky one.
AVGO Long set upGood company with over 3.5% dividend. Growth stock. Retesting the breakout are. I think it's a good buy there. I will watch to add some there for a long term growth and earn yield. This is not a recommendation to buy or sell any financial asset. These posts are for educational purposes only. Please do your own homework before purchasing any assets.
AVGO LONGAVGO LONG
Futures green right now so tomorrow might be gap up and target 343 to 347 by weekend.
AVGO Go Go!BROADCOM just broke out to new all time highs, launched from an ascending triangle... I like!
Earnings call on Sept 3rd may move it further... Relatively late to the tech party but never too late.
AVGO: TriangleTriangle
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$AVGO potential BreakOut $AVGO forming huge reversal H&S ,if white line keep holding price then it could be nice breakout above the yellow line and the short-term target would be the the greens line .
BROADCOM INC: Double profit The tendency of the stock market confirm that the winning is certain. The principals recommendations that should be taken into account are:
1/ Enter the stock market as a buyer;
2/ Sell the first position and collect the gain made;
3/ Reinforce our position and our gain;
Finally, we exit and close through a short position.
The given chart shows the right time correspondant to each action.
Traders who are concerned: write in comments.
$AVGO Broadcom $380 target
Breakout underway as earnings approach.
Much depends on the SMH continuing strength
Volume impressive
Bollinger Bands expanding after congestion phase.
$380 target short term
AVGO LONG OR BUY , SHS PATTERN TARGET UP TO $450AVGO confirmed successful SHS pattern, I opened Long here.
AVGO buy : $335 .
AVGO target : $450.
Stop loss : 8% (investing long term) .
Wish you a good deal!
