Broadcom Inc.Long
$AVGO Possible Bullish setup targeting 195-210-220 Stop 163
Updated
The stock in conseldation for almost 3 months . 173 is a key point, it can confirm bearish pattern with double tops or conuination for Bullish trend targeting 195-210-220 before next earning. Watching RSI signal if its keep the uptrend. below 173 , we can see 163 as support and can be sto loss for longs before it goes to 50% fib.i will take the idea of adding longs when the stock is red with stop loss at 163 . good luck!
Trade closed: target reached
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.