Get started
Broadcom Inc.Broadcom Inc.Broadcom Inc.

Broadcom Inc.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

AVGO trade ideas

BROADCOM Best buy opportunity since September for $223.Broadcom Inc. (AVGO) hit its 1D MA100 (green trend-line) on Friday for the first time in more than 2 months (since September 11). This is the best buy opportunity since then as the dominant pattern remains the Bullish Megaphone. On top of that, it appears that we are currently within a Bull Flag, similar to the one that was completed when the 1D MA100 was hit and held last time on April 19 2024. The 1D RSI sequences between the two fractals are also very similar. That Flag initiated a price rebound above the 2.5 Fibonacci extension. As a result, we turn bullish on AVGO again, targeting $223.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:AVGOLong
by TradingShot
3
$AVGO PRE-EARNINGS DIP BUY Broadcom ( NASDAQ:AVGO ) has an upcoming earnings report scheduled for Dec.5 This also happens to be a stock that investment power house Nancy Pelosi is currently holding a position in and with the rise of similar stock $NVDIA earlier today, I suspect NASDAQ:AVGO to have enough catalyst fuel to power this Daily time frame dip buy opportunity off of the 22EMA. I plan on entering this position tomorrow IF NASDAQ:AVGO goes green on the daily time frame AFTER a bearish start to the morning to take out any left over liquidity (previous-day lows, post-market lows, pre-market lows) and I plan to hold this buy position anywhere between 1-4 weeks depending on how the daily time frame CLOSES along the way... No Price targets.
NASDAQ:AVGOLong
by CJITM
Broadcom: Bullish Comeback!The downtrend that began in early October was recently broken as AVGO surged by 10% at the start of the month. We still see the stock in an overarching corrective movement, with the last cycle top marked in June 2024 by the peak of the blue wave I. Primarily, we anticipate a three-wave structure to unfold in the ongoing blue wave II. The beige wave B should have sufficient upward momentum to push up to the resistance level at $211.94. Afterward, the final sell-off of wave C should unfold. Our 30% likely alternative scenario, however, suggests a different wave count and a premature downward move below $126.04. In either case, we expect a new low of the blue wave II.
NASDAQ:AVGO
by MarketIntel
AVGO LONGAVGO (Broadcom Inc.) continues to impress with strong performance, up 8.35% in the past week and 24.06% over the last quarter. The stock is currently breaking out, with $193 as a key short-term target. With a P/E of 160.11, AVGO is highly valued (like everything else), but its 32.04% YoY sales growth and 27.84% projected EPS growth next year highlight its strong growth potential. The stock is supported by solid profit margins and operating performance, but the high valuation and significant EPS volatility could pose risks if growth slows. While $193 is my first target, $200+ remains in play if Broadcom continues to execute, though caution is warranted given its lofty price.
NASDAQ:AVGOLong
by SPYDERMARKET
AVGO Long Trade 11/10/24Asset Class: Stocks Income Type: Daily Symbol: AVGO Trade Type: Long Trends: Short Term: Up Long Term: Up Set-Up Parameters: Entry: 179.24 Stop: 177.21 TP1 183.29 (2:1) Trade idea: 15Min DBR at breakout, with a FVG on top !!Be aware of pending Economic Reports. If price is within 20 pips of proximal value at time of major impact report, then Confirmation entry. Trade management: **When price hits 1:1 or T1, consider moving stop to entry in case of pullback.
NASDAQ:AVGOLong
by MESHANL
1
AVGO: This pullback is a buy opportunity.Broadcom is bullish on its 1D technical outlook (RSI = 59.908, MACD = 4.100, ADX = 23.045) as it remains near its All Time High. However it is consolidating as the 1D MA50 is holding. As long as the 1D MA200 supports on the bottom of the long term Channel Up, the long term action is bullish. Aim for at least a +122% rise (TP = 285). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:AVGOLong
by InvestingScope
Can Anything Stop Broadcom?Broadcom has been one of the top-performing large cap stocks this year. Now, after a period of consolidation, some traders may see potential for further upside. The first pattern on today’s chart is the August 19 close of $167.71. AVGO initially stalled at this level and struggled to cross it in the first half of September. But it broke out later in September, and this month is trying to hold it. That may suggest that old resistance has become new support. Second, the recent low was near the rising 21-day exponential moving average (EMA). The 8-day EMA is also above the 21-day EMA. Is a new uptrend developing in the chip stock? Third, MACD is rising. Finally, you have the June low of $130.25. Prices couldn’t stay below it when the broader market crashed on August 5. AVGO then proceeded to make a higher low the following month. Those signals may confirm a longer-term uptrend. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NASDAQ:AVGO
by TradeStation
AVGO LONGAVGO stock has recently broken out of its accumulation range, signaling a strong bullish shift. After several weeks of sideways movement, the breakout suggests that institutional investors have accumulated shares, indicating confidence in the company's fundamentals. This clear spring into Phase E of the Wyckoff accumulation pattern highlights the stock's potential for a significant upward move. The increased volume accompanying the breakout reinforces the notion that buyers are stepping in, ready to propel the price higher. With positive trends in the semiconductor sector and AVGO's strong financials, including solid earnings growth and strategic partnerships, the stock could see a sustained rally. As the market recognizes its value, AVGO is well-positioned to attract more investor interest, making it an appealing opportunity for bullish investors.
NASDAQ:AVGOLong
by SPYDERMARKET