Broadcom (AVGO) can correct till 206, post that a target of 315 AVGO has completed its lower degree 5 waves and higher degree wave-3.
Currently it is correcting in ABC waves.
Blue line depicts probable path it may take correcting and then taking turn up towards a target of 315, which completes its higher degree Wave-5 and mostly larger Wave-5(Wave-V).
How can
100 ARS
4.90 T ARS
42.83 T ARS
About Broadcom Inc.
Sector
Industry
CEO
Hock E. Tan
Website
Headquarters
Palo Alto
Founded
1961
ISIN
ARBCOM4603J5
FIGI
BBG00ZL7D204
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 -Symmetrical triangle -Daily - Unusual volume **Broadcom Inc. (AVGO)** chart and presents a technical analysis of the stock on a daily timeframe.
Key highlights:
1. **Bullish Pattern**: The chart seems to show a series of bullish moves with higher highs and higher lows, which are connected by yellow lines. This pattern may be interpreted as
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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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