Bear Flags: $NVDA first, then $AVGO In this AI Mega cycle there were 2 clear visible winners. NASDAQ:NVDA and $AVGO. Broadcom ( NASDAQ:AVGO ) has had a late bull run in the AI super cycle which started in 2022 and was ongoing until Dec 2024. During this tariff-based bear run NASDAQ:NVDA is almost down 40%. The same is true for Broadcom. NASDAQ:AVGO is also down 40% from the ATH.
But we must investigate the confluence of some more technical indicators on top of the simple % drawdown we see in stocks. The 2 most helpful indicators are the RSI and Fib retracement levels, which can give us some more price levels which we might be looking forward to in the upcoming weeks. The RSI is at 36 on the weekly chart for both the stocks NASDAQ:AVGO and $NVDA. But let’s focus on NASDAQ:AVGO in this blog. Today we are combining the Gan and Fib retracements levels on the weekly chart of NASDAQ:AVGO and we see the clear price levels. We are already at 0.618 Fib retracement which is the price level 145. We closed @ 146 $ on Friday. If we break tis support level, then the next level we are looking at is 121 $ which will be 0.5 Fib retracement levels. If that level is broken, then we are looking at a 100 $ Stock price on $ AVGO 0.382 Fib retracement level.
Verdict: Buy 33% now, buy 33% between 120 $ - 130 $ , buy the rest 33% between 95 $ - 100 $
AVGO trade ideas
BROADCOM Megaphone bottom hit. Will it hold?Broadcom Inc. (AVGO) has been trading within a Bullish Megaphone pattern since the January 05 2024 Low and this week it hit its bottom (Higher Lows trend-line). This technically concludes the Bearish Leg and should start the new Bullish Leg.
The last Bullish Leg's initial rebound hit the 0.786 Fibonacci retracement level before pulling back again. If the market starts the new one here, which is not as easy as last time as we've already broken below the 1D MA200 (orange trend-line) last week, the immediate Target is 228.50.
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Broadcom Approaches Major Resistance
Broadcom has rebounded +30% off its March lows, recovering from recent weakness.
The stock is currently testing the 200-day moving average ( around 183) but has so far failed to break above it.
It now faces a confluence of resistance near $185 — a key level to monitor for potential rejection or breakout.
Optimistic Outlook for AVGO: Long Position Targeting $195–$198 N- Key Insights: Broadcom (AVGO) stands at a critical juncture within the
semiconductor space, trading near resistance levels at $184–$185. While the
sector remains soft, AVGO benefits from favorable developments, including
anticipated tariff exemptions and growth in AI, cloud computing, and 5G.
These catalysts could boost the stock's performance and drive momentum
toward higher price targets.
- Price Targets:
- Long Position Next Week:
- Target 1 (T1): $195
- Target 2 (T2): $198
- Stop Levels:
- Stop Level 1 (S1): $182
- Stop Level 2 (S2): $180
- Recent Performance: AVGO has traded within a tight range, testing key
resistance levels ($184–$185) without a decisive breakout. Sector-wide
weakness in semiconductors has capped upward movement. However, AVGO's
resilience and sector leadership provide confidence for potential gains. A
sustained push through resistance could lead to higher price targets and
signal renewed investor optimism.
- Expert Analysis: Market experts have a cautiously optimistic view of AVGO,
highlighting its exposure to tariff exemptions and demand drivers like AI
and 5G. The $195–$198 range is considered achievable under bullish
conditions. However, broader semiconductor softness points to the importance
of monitoring market sentiment and key macroeconomic trends.
- News Impact: Tariff exemptions for technology companies are expected to reduce
manufacturing costs and boost margins for players like Broadcom.
Additionally, ongoing advancements in AI, cloud, and 5G technologies
continue to favor AVGO as a market leader, providing significant tailwinds
for the stock's recovery. Investors should keep a close eye on broader
indicators in the semiconductor and technology sectors to gauge AVGO’s
upward potential in the coming week.
AVGO Stuck Between Key Levels, A Calm Before the Storm?Broadcom, one of the key favorites in the AI rally, is at a crossroads. AVGO has been in a steady logarithmic uptrend since October 2022, carrying the stock price from 41.51 to 251.88, marking an impressive 506% gain in about two and a half years. The company's EPS has been consistently increasing over the years and is expected to accelerate further this year. Although valuations are high, if Broadcom's performance in 2025 meets or exceeds expectations, the bullish case remains strong. The forward P/E for 2025 end is 28.7x.
Currently, the price is stuck between the trendline and the 200 resistance level. The uptrend is supported by the 200-day moving average. The trendline sits around 184, while the SMA is at 182.50. For a more cautious approach, 180 can be considered the key medium-term support level. If 180 holds and AVGO manages to break above the 200 resistance, there is significant upside potential for the bulls.
The current analyst consensus for the 12-month price target is 251, which also coincides with the stock's all-time high (ATH).
AVGO - It's time to Turnaround and GO!NASDAQ:AVGO
Monster Earnings and Move have been shrugged off...
- Ascending Triangle Successful Retest
- 50 WMA Successful Retest
- Volume Shelf
- Key S/R Zone
- Green Support Beam on Wr%
If market gets going then Broadcom is heading to $270 QUICK!
Not financial advice
BROADCOM: Is this a legit recovery on the 1D MA200?AVGO is almost neutral on its 1D technical outlook (RSI = 44.867, MACD = -8.280, ADX = 49.944) as it has stabilized following a direct contact with the 1D MA200. That was the first time the price hit that level since the September 9th 2024 low. This is also a technical HL at the bottom of the 9 month Channel Up, while also the 1D RSI is rebounding on its S1 Zone. The Sep 9th 2024 rebound hit its upper R1 level, so our worst case target is 250 (TP1), while the November 27th 2024 low rose by +59.97%, which gives a best case target of 285 (TP2).
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AVGO’s Head & Shoulders Showdown: Bounce or Break Ahead?Alright, let’s zoom into Broadcom (AVGO) on this hourly chart! The stock’s been cruising in a solid uptrend since last August, making some nice gains along the way. But lately, it’s hit a bit of a speed bump, slipping into a corrective wave and forming a clean descending channel. Here’s where it gets juicy—AVGO just carved out a head and shoulders pattern right at the main uptrend line, which also lines up with the support of that descending channel, sitting around $191.40 as of March 13, 2025. That’s a double whammy of support! With the price chilling at this key spot, it’s looking pretty interesting for a potential consolidation or even a price reversal to the upside. The setup’s got some good vibes, so let’s keep an eye on it to see if the bulls step up to the plate!
Pullback in Broadcom Broadcom has trended higher for more than two years, and some traders may see an opportunity in its latest pullback.
The first pattern on today's chart is the June high around $185. The semiconductor company remained below that level through December 13. It then broke out and has now pulled back to bounce at the earlier peaks. Has old resistance become new support?
Second, the rebound occurred after AVGO tested and held its 200-day simple moving average (SMA). That may be consistent with a longer-term uptrend.
Third, the pullback since December may be viewed as a completed A-B-C correction.
Fourth, stochastics are clawing back from an oversold condition.
Finally, AVGO is an active underlier in the options market. That could make some traders look to position for moves with calls and puts.
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AVGO for buyBroadcom Inc. (NASDAQ: AVGO) has recently demonstrated strong financial performance, driven by significant growth in its AI-related semiconductor business. In the latest quarter, the company reported a 77% year-over-year increase in AI revenue, reaching $4.1 billion, with projections to grow to $4.4 billion in the next quarter.
MARKETWATCH.COM
This surge underscores Broadcom's robust positioning in the rapidly expanding AI sector.
Financial analysts have responded positively to these developments. Citigroup, for instance, maintained its buy rating with a $220 price target, highlighting the strength in Broadcom's AI sector as a counterbalance to potential downsides.
INVESTOPEDIA.COM
Additionally, Broadcom's stock has increased by approximately 33% over the past year, reflecting investor confidence.
However, it's important to consider valuation metrics. According to Zacks Investment Research, Broadcom currently has a Growth Score of B, but its Value Score of F indicates it may be overvalued, suggesting caution for value-focused investors.
ZACKS.COM
In summary, Broadcom's substantial growth in AI-related revenues and positive analyst outlooks present a compelling case for investment. Nonetheless, potential investors should weigh these factors against valuation considerations and align their decisions with individual investment goals and risk tolerance.
Broadcom Inc. (AVGO) Stock Surges Over 8%Broadcom Inc. (AVGO) Stock Surges Over 8%
As shown on the chart, Broadcom Inc. (AVGO) shares soared by more than 8% in Friday’s trading session.
The bullish momentum is driven by strong quarterly results released last week and an optimistic outlook highlighting sustained demand in the artificial intelligence sector:
→ Earnings per share: $1.60 (Analyst forecast: $1.49)
→ Revenue: $14.92 billion (Expected: $14.61 billion), reflecting a 25% increase from $11.96 billion a year earlier.
Technical Analysis of AVGO Stock
The chart indicates that the market remains in an uptrend, with signs that the price has found support at:
→ The lower boundary of the channel.
→ The former resistance zone around $183 – which also aligns with the lower boundary of the price gap that formed in December 2024, as we previously noted.
This suggests that after forming a Bullish Flag pattern (marked in red), the upward trend may continue.
Broadcom (AVGO) Stock Price Forecast
Bank of America analyst Vivek Arya called the results from Broadcom a “reassuring update from an AI leader” and a “positive read-across for AI sentiment.”
According to TipRanks:
→ The average price target for AVGO shares is $248.
→ 27 out of 30 analysts recommend buying AVGO stock.
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$AVGO: Broadcom – AI Chip Powerhouse or Tariff Tightrope?(1/9)
Good morning, crew! ☀️ NASDAQ:AVGO : Broadcom – AI Chip Powerhouse or Tariff Tightrope?
With NASDAQ:AVGO at $194.94 after a Q1 earnings slam dunk, is this semiconductor star riding the AI wave to glory or teetering on trade war woes? Let’s unpack the circuits! 🔍
(2/9) – PRICE PERFORMANCE 📊
• Current Price: $ 194.94 as of Mar 10, 2025 💰
• Q1 2025: Revenue $14.92B (up 23% YoY), EPS $1.60 📏
• Movement: Up 10% post-earnings Mar 6, +8.6% Mar 7 🌟
It’s buzzing like a chip factory on overdrive! ⚡
(3/9) – MARKET POSITION 📈
• Market Cap: ~$93.5B (151.62M shares) 🏆
• Operations: AI chips, software solutions ⏰
• Trend: 42% of 2024 revenue from software, per web data 🎯
A heavyweight in the AI silicon ring! 🌐
(4/9) – KEY DEVELOPMENTS 🔑
• Earnings: Q1 beat with $14.92B, Q2 forecast tops estimates 🔄
• AI Boom: Custom chips fuel hyperscaler demand 🌍
• Sentiment: Shares rallied, per Mar 6-7 posts 📋
Thriving, wired for the future! 💡
(5/9) – RISKS IN FOCUS ⚠️
• Tariffs: Trade uncertainties loom, per web reports 🔍
• Competition: Nvidia, Marvell in the race 📉
• Valuation: Premium pricing raises eyebrows ❄️
High stakes, but risks are on the radar! 🕵️
(6/9) – SWOT: STRENGTHS 💪
• Q1 Win: $14.92B revenue, EPS $1.60 beat 🥇
• AI Edge: 77% AI revenue growth in Q1 📊
• Forecast: Q2 sales outlook shines 🔧
Powered up for the AI era! 🔋
(7/9) – SWOT: WEAKNESSES & OPPORTUNITIES ⚖️
• Weaknesses: Tariff risks, high valuation 📉
• Opportunities: 18% earnings growth projected 📈
Can it outrun trade clouds and soar? 🤔
(8/9) – 📢Broadcom at $194.94, AI chips sizzling—your vibe? 🗳️
• Bullish: $220+ by June, AI rules 🐂
• Neutral: Stable, tariffs balance ⚖️
• Bearish: $170 slide, risks bite 🐻
Drop your pick below! 👇
(9/9) – FINAL TAKEAWAY 🎯
Broadcom’s $14.92B Q1 haul screams AI strength 📈, but tariff shadows hover 🌫️. Volatility’s our sidekick—dips are DCA dynamite 💰. Snap ‘em up, ride the surge! Goldmine or gamble?
AVGO eyes on $192: key Double Fib support to hold Post-EarningsEarnings report gave a spike through Golden Genesis fib at $192.34
That fib is reinforced by a tight confluence with Covid fib at $191.92
This double-fib floor must hold through any post-earnings retrace.
Ideally bulls will push through the red zone at $217.01-220.21.
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AVGO ... Broadcom analysis, if your lost, so am IThis is a funny technique that involves swapping rapid price hikes across different days or parts of days depending on your timeline.
You run a fib from those two top price ranges that were swapped and you get that sea of levels...check the comments as I show more precise pics of how weirdly accurate it can be
cloooose up in 1 min... These weren't made to look good...see my other work, and hit the purple buttons and the Log functions to see how creepy accurate the levels can be:
logged for your pleasure
if people care to know how i get all the things just ask.....enough interest and I can do a video or something here on the many tricks to see how things work
AVGO ..Come and get yah Levels people..created last night
check out that kinda accuracy...
zoom in and if you have question on how i do it...ask.
help to spread this and my other work so more people can try and get money out of the market to be more financially stable and okay...I don't charge anything..and charts and indicators are for all...
happy trading and pass it along if it helped...I don't do socials, so all permissions to broadcast as long at the CyQoTek name is accompanied with it.