Broadcom (AVGO): Is This the Dip You've Been Waiting For?Broadcom (AVGO) has been demonstrating a remarkably strong bullish trend since early April, carving out a clear path of higher highs and higher lows. This robust upward momentum is well-defined by a series of ascending channels.
Trend and Channel Dynamics:
Initially, we observed price action mov
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91.94 THB
199.42 B THB
1.74 T THB
4.61 B
About Broadcom Inc.
Sector
Industry
CEO
Hock E. Tan
Website
Headquarters
Palo Alto
Founded
1961
ISIN
TH0150122909
FIGI
BBG01QWHKN96
Broadcom Inc. is a global technology company, which designs, develops, and supplies semiconductors and infrastructure software solutions. It operates through the Semiconductor Solutions and Infrastructure Software segments. The Semiconductor Solutions segment refers to product lines and intellectual property licensing. The Infrastructure Software segment relates to mainframe, distributed and cyber security solutions, and the FC SAN business. The company was founded in 1961 and is headquartered in Palo Alto, CA.
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AVGO: Too Many Similarities Market WideLike my chart on BKNG, AVGO is showing an uncanny similarity to Booking.com's chart. Many indices are showing the end of 5 waves in a super cycle dating back to the drop of March 2020. AVGO pt1 is 211. Expecting selling to increase over the next 90 days. Not certain what the catalyst will be, but lo
AVGO Bullish Impulse Wave Structure in ProgressAVGO continues its macro advance with a clear 5-wave impulse structure unfolding. The current price action marks the completion of subwave (i) of wave ⑤, setting the stage for a corrective pullback into subwave (ii).
We expect this corrective leg to reach into the 38.2%–50% Fibonacci retracement zo
AVGO ( Broadcom.Inc ) NASDAQ:AVGO - Continuation of movement within the ascending channel + potential for a breakout to new historical highs. 🔍 Rationale:
• After a strong correction in the first quarter of 2025, the price formed a reversal and has been moving in a clear ascending channel since the beginning of May.
• T
Broadcom: Positioned for Long-Term Growth in AI and EnterprisesCurrent Price: $283.34
Direction: LONG
Targets:
- T1 = $292.00
- T2 = $305.00
Stop Levels:
- S1 = $280.00
- S2 = $275.00
**Wisdom of Professional Traders:**
This analysis synthesizes insights from thousands of professional traders and market experts, leveraging collective intelligence to ide
AVGO Long1. Broader Market Structure
1.1 Change of Character (CHoCH)
A clear Change of Character occurred at $290.53, where price broke below a prior higher low. This was a key early signal of a potential bearish reversal, as bullish momentum began to weaken and sellers stepped in with conviction.
1.2 Break
AVGO - LONG Swing Entry Plan NASDAQ:AVGO - LONG Swing Entry Plan
Entry Zone 1: $280.80 – $277.00
→ Open initial position targeting +8% from entry level.
Entry Zone 2: $265.50 – $261.00
→ If price dips further, average down with a second equal-sized entry.
→ New target becomes +8% from the average of Entry 1 and Entry 2.
A
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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