A head test that looks to be failing. Price is in the middle of a channel; going nowhere within it is a sign of early weakness. This is no longer an undiscovered AI play. The market has already paid up hard. If AI capex slows, hyperscalers cut orders, margins compress, or Google/others shift more design in-house, AVGO can rerate fast. Taking the stairs down and the elevator up is a sure sign that the move is designed to provoke emotions rather than rational investing. If you enjoy the work: 👉 Drop a solid comment Let’s push it to 6,000 and keep building a community grounded in truth, not hype.

NASDAQ:AVGO The key lesson in this chart is not simply that a shallow pullback after the first wave automatically creates a buy setup. More precisely, a shallow pullback after the first wave only suggests strength. It does not automatically mean the entry is ideal. What matters more is whether the next pullback can develop into a cleaner 2nd wave setup. Here is how I would break it down: First, the first wave needs to be clean. A strong first wave should show continuity, not just a single emotional 15–20% expansion candle, and it should not look like the final stage of a parabolic move. If the first wave is too vertical and too aggressive, a later pullback to the 10MA may not be a high-quality entry. It could simply be post-extension volatility. Second, the pullback needs to return to an area with confluence. Touching the 10MA alone is not enough. The better setup appears when the pullback reaches a zone where several factors overlap: rising 10MA prior high / breakout zone short base top horizontal support The strongest area is usually where 10MA and support overlap. Third, the pullback itself should be healthy. I would prefer to see a slow pullback, declining volume, smaller red candles, and controlled selling — not a heavy red candle that slices through support. Fourth, once price reaches the zone, there should be evidence of support or reclaim. Acceptable signals may include: a long lower wick with a strong close reclaim of support reclaim of the prior day’s high close back above the 10MA follow-through on the next day If price simply touches support but closes weak near the lower half of the range, that is usually not enough. Finally, the stop must be reasonable. Even if the setup is structurally valid, if the entry is too far from invalidation, the R:R may no longer be attractive. In that case, it may be better to wait for a second chance — or simply let it go. So the core lesson is: strength tendency is not the same as a good entry. A higher-quality aggressive entry usually appears during the 2nd wave pullback, when price returns in an orderly way to support + rising 10MA, then shows support / reclaim. Educational example only, not financial advice.

The semiconductor melt-up has officially entered nosebleed territory. Just initiated a position in AVS (Direxion Daily AVGO Bear 1X ETF) to play the mean reversion in Broadcom (AVGO). The data doesn't lie: The Run: Since March 31, AVGO has ripped from an open of $299.39 to a recent high of $429.31. That is a 43% vertical move in 24 days. Extension: We are trading at a massive premium to the 200-week SMA (currently $167.13). The Strategy: I’m skipping the puts on this one. When the chart goes parabolic, IV rank spikes, making option premiums prohibitively expensive. By using AVS, I get clean -1X exposure to the downside without fighting the Greeks or the 100+ IV Rank. Targets: S-1 ($374.01): The initial 23.6% retracement and first major support. S-2 ($323.83): The 38.2% retracement, which aligns with the previous breakout structure. This isn't about fighting the trend; it's about recognizing when the rubber band is stretched to the breaking point. Managing risk with a starter position. Stay tuned! NFA. Please do your own work.

Broadcom NASDAQ:AVGO has risen more than 100% over the past 12 months, and the chip designer has beaten the S&P 500 SP:SPX in pretty much every time period from one month to five years. Let's see what its technical and fundamental analysis can show us. Broadcom's Fundamental Analysis Beyond designing high-quality chips, AVGO is also writing software and doing other interesting things as well. The firm reported Q1 results in early March, posting $2.05 in adjusted earnings per share on $19.31 billion of revenue. Both numbers beat the Street's estimates, with sales seeing 29.4% year-over-year growth. Management also issued Q2 sales guidance that easily bested the consensus view, although Broadcom won't report actual Q2 results until early June. Let's go to the chart now, shall we? Broadcom's Technical Analysis Here's AVGO's chart running from mid-November through Wednesday's close (April 15): Readers will first see that Broadcom has formed what's called a "rectangle" or "flat-base" pattern that's stretched over most of 2026 to date, as marked by the orange-shaded rectangle at the chart's right. However, the stock has now broken out of that smallish pattern and retaken its 50-day Simple Moving Average (or "SMA," denoted with a blue line). It's also taken back its 200-day SMA (the red line) and 21-day Exponential Moving Average (or "EMA," marked with a green line). All of that often helps get both portfolio managers and swing traders on the long side of a trade. Meanwhile, AVGO is now developing a cup pattern, as denoted by the cup-like curving black line in the chart's center and right. This might turn into a cup with handle, but either cup pattern (with or without a handle) is considered bullish. The only difference is in where to place the apparent pivot. The potential pivot for a cup pattern without a handle is the cup's left-side apex -- around $414 in the above chart. However, the pivot will slide over to the cup's right side if the pattern adds a handle. Some traders and investors are likely waiting to see if a handle develops. If it does, they might try to initiate some kind of starter position or seek an additional stake on what would be an implied temporary state of weakness. Moving on to Broadcom's other technical indicators above, the stock's Relative Strength Index (the gray line at the chart's top) has just crossed into technically overbought territory. That doesn't mean the addition of a handle to the cup pattern is imminent, but it's certainly possible. In the meantime, the stock's daily Moving Average Convergence Divergence indicator (or "MACD," marked with blue bars and black and gold lines at the chart's bottom) is looking much better than it had been earlier. The histogram of the 9-day EMA (the blue bars) has moved well into positive territory, which is a short-term bullish signal. The 12-day EMA (the black line) and 26-day EMA (the gold line) have also moved above the zero-bound, with the black line riding above the gold one. This has been shown to be a reliable medium-term bullish indicator. An Options Option Some options traders who are bullish on AVGO are likely using what's called a "bull-put spread." That's where you sell one put and buy another with a lower strike price, but where both expire on the same day. Here's an example: -- Short one AVGO June 19 put with a $330 strike price (i.e., near the stock's 200-day SMA). This would bring in about $11 at recent prices. -- Long one AVGO June 19 $310 put at a cost of roughly $7. Net Credit: $4. Traders using this strategy don't risk cash buying Broadcom equity at current market prices, but instead receive a $4 net credit. Should the stock never trade down to $330, both options would expire worthless on June 19 and the trader would simply pocket the $4 net credit (the maximum theoretical gain). And should the shares trade below $330 at expiration but not down to $310, the trader would end up long 100 AVGO shares of AVGO at a $326 net basis. However, should the shares trade below $310 at expiration, the trader would purchase the stock at a $326 net basis and re-sell the shares at $310, for a $16 maximum theoretical loss. (Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle had no position in AVGO at the time of writing this column.) This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct. Options trading is risky and not appropriate for everyone. Read the Options Disclosure Document ( j.moomoo.com ) before trading. Options are complex and you may quickly lose the entire investment. Customers should consider their investment objectives and risks carefully before investing in options. Because of the importance of tax considerations to all options transactions, the customer considering options should consult their tax advisor as to how taxes affect the outcome of each options strategy. Supporting documents for any claims will be furnished upon request. Options trading subject to eligibility requirements. Strategies available will depend on options level approved. Maximum potential loss and profit for options are calculated based on the single leg or an entire multi-leg trade remaining intact until expiration with no option contracts being exercised or assigned. These figures do not account for a portion of a multi-leg strategy being changed or removed or the trader assuming a short or long position in the underlying stock at or before expiration. Therefore, it is possible to lose more than the theoretical max loss of a strategy. Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC. TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform.

Bullish movement (IF): Resistance Broken at 378 and the price hold above Target1 : 397 Target2 : 414.7 disclaimer: for educational use only

AVGO currently had an amazing breakout as you can see on the chart From here there can be retest of 330 level and then it can bounce from here , every breakout usually have a retest but the momentum is strong in this stock and it can kep rallying to reach previous HIGH of 413+ If it goes above 413 + then it can be another opportunity of break and retest the resistance levels around 400 this means that it will continue to go with strong fundamentals and recent news AVGO is looking very positive. Any correction in AVGO should be used to accumualte for long term Entry : Current market price i.e 375+ TP1 : 400+ SL : 285

Broadcom Inc. (AVGO) formed a 1D Death Cross 10 days ago but this week's U.S. - Iran ceasefire printed a dramatic rebound that hit the top of the 4-month Channel Down (red). Last time Broadcom formed a 1D Death Cross was 1 year ago after a -45.45% decline (Tariff War). The one before that was halfway through the 2022 Inflation Bear Cycle, which eventually completed a -38.80% correction. The 4-year Channel Up that started in 2022 would technically make a perfect Higher Low if the stock corrects again by -38.80%, targeting $255.00, which would also be just above the 0.5 Fibonacci retracement level from the previous Low, just like the October 2022 Low was. With the 1W RSI still far from the 35.00 Support, which priced the last two major bottoms (2022 and 2025) of the Channel Up, we believe that the market will eventually capitalize on the 1D Death Cross and extend the Bear Cycle towards Q3 2026 at least. --- ** 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. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇

The Setup: Broadcom ( NASDAQ:AVGO ) is exhibiting a powerful long-term trend supported by a solid 5-month base . During this consolidation, we saw clear shakeouts and support tests to clear weak hands. The stock just printed a massive gap up on earnings . Because this gap up is occurring out of a low cheat within the base rather than a full breakout, it provides a nice time to build a position and keep adding until the stock officially breaks out. Operating in a strong sector , this is a prime candidate for a longer-term hold. Tip: Use the NASDAQ:AVL ETF for 2x leveraged exposure. Reasoning: Long-term trend with a 5-month base Shakeouts and support holding firm Gap up on earnings (Catalyst for institutional buying) Low cheat entry (Opportunity to build position early) Scale-in strategy (Keep adding until the stock breaks out) Strong sector tailwinds Leverage Option: NASDAQ:AVL (2x ETF)

Current Price: 314.55 (Analysis was generated on Monday Morning) Direction: LONG Confidence level: 62%(Professional traders highlight valuation reset and strong 64% revenue growth outlook while the stock already bounced from $289 to $307. X sentiment is bullish with no bearish tweets. However, limited specific trader price levels reduces confidence slightly.) Targets Target 1: 330 Target 2: 345 Stop Levels Stop 1: 307 Stop 2: 289 Key Insights: Here’s what’s driving the bullish lean. Several professional traders highlighted that AI stocks—including Broadcom—have already corrected roughly 12–24% from their highs while earnings expectations continue climbing. In other words, valuations compressed while the growth story stayed intact. That’s often the setup where institutions quietly start accumulating again. Another key point many traders emphasized is Broadcom’s projected revenue growth. Forecasts around ~64% sales growth this year came up repeatedly in the analysis. That’s huge for a mega‑cap semiconductor company. When a company delivers that kind of growth while the stock pulls back, traders often treat the dip as an opportunity rather than a structural breakdown. Social sentiment adds to that picture. X activity around Broadcom is modest but clearly skewed bullish, with roughly 10 bullish vs 0 bearish trading tweets in the dataset. That tells me the short‑term crowd is leaning toward buying dips rather than fading rallies. Recent Performance: Broadcom recently dipped toward the $289 area, which several traders referenced as a key pullback zone, before bouncing sharply toward $307 and continuing higher. That rebound matters because it signals buyers stepping in after the correction. Now the stock sits around $314.55, above that bounce level and trying to regain upward momentum. The price structure right now looks like a recovery leg after a pullback rather than a breakdown. If the stock continues holding above the $307 region this week, momentum traders will likely push for another move higher. Expert Analysis: Multiple professional traders pointed out two price zones that stood out in the discussion: $289 as a deeper pullback support and $307 as the rebound level where buyers stepped back in. I’m using those as the core risk levels for this trade. From a positioning standpoint, this is essentially a post‑correction continuation setup. The traders I tracked are leaning into the idea that the AI sector reset valuations but didn’t damage earnings growth. That’s the type of environment where strong names like Broadcom often resume the trend after a consolidation phase. What’s interesting is that the bullish narrative isn’t purely hype-driven. The growth projections and ASIC demand tied to AI infrastructure are real drivers. The main caution traders raised is supply‑chain exposure—especially reliance on TSMC manufacturing—but that’s more of a longer‑term risk than a weekly trading factor. News Impact: Recent commentary around AI infrastructure spending and semiconductor demand continues to support Broadcom’s narrative. While some macro risks—like semiconductor supply constraints or resource shortages—exist, they haven’t disrupted the near‑term growth outlook. Meanwhile, strong expectations for AI chip demand keep large-cap semiconductor names in focus. That broader AI infrastructure theme tends to lift companies like Broadcom whenever the sector sentiment improves. Trading Recommendation: Putting it all together, I’m taking a LONG position on Broadcom for this week. The rebound from the $289 → $307 zone shows buyers defending the dip, and the growth narrative around AI semiconductors still has strong backing from professional traders. My approach would be straightforward: accumulate above $310–$315 with risk defined at the $307 support. If momentum builds, the first push toward $330 is realistic this week, and a stronger AI-sector rally could stretch the move toward $345. If the stock loses $307, the bullish setup weakens quickly—that’s why the deeper fail‑safe stop sits near $289, the level traders previously highlighted as the major pullback low.

The thought that it is bullish and completely oversold at this point is a reason to start to execute a plan, with areas of buying resulting in actual value, which sits around 400.