Get started
showstopper

AVGO great R/R to go long

Long
Broadcom Inc. (NASDAQ:AVGO)  
showstopper  
NASDAQ:AVGO   Broadcom Inc.
Trend Analysis
2
0
trendanalysis
1. 4Hour oversold signal (in the past 1 year have seen a 10-15 point run higher before reversing)
2. Undercut and bounce at 200dma
3. Hammer at 200dma (will need confirmation on Monday)
4. Convergence of couple of trendlines support.

Good R/R to long with a stop under yesterday's lod at 245.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.