Broadcom Inc.
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AVGO Bullish and bearish at the same time

406
AVGO had an amazing Gap up opening due to fantabulous earnings and guidance related to AI .

Looking at historic trend AVGO always fill the gap up openings by bearish moment

At this point in time AVGO is in bear trend and looking to fill the gap but we can give AVGO benefit of doubt and it seems like 212 is a very strong support as well


Entry advice

Buy at 212 or 212 when it bounces off that support

Second entry can be at 185 as that is a very strong support and will bounce off from that support level

Stop loss 155
Dagangan aktif
27 JAn 2025

AVGO suddenly filling the gap which I mentioned earlier and looks like its going to be filled soon . buying at 185-190 zone would be great as AVGO is still under priced even at 250

Penafian

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