Broadcom (
AVGO) is breaking out of an 11-day consolidation flag, pushing through the trendline and into all-time highs — a textbook momentum setup.
🔹 Flag Pattern Breakout
After a strong run,AVGO spent 11 days chopping in a tight flag just under highs.
Today, we’re seeing a clean trendline break, signaling the start of a potential fresh leg higher.
ATH breakout + flag pattern = momentum trader’s dream.
🔹 My Trade Plan:
1️⃣ Entry: Long on the flag breakout and trendline break.
2️⃣ Risk Level: Stop is down at $247, just under the consolidation base.
3️⃣ Target: Riding the trend — trailing stop strategy once price confirms above highs.
Why I Like This Setup:
Strong consolidation near highs = no weakness.
Breakout is happening with clean structure and clear volume pickup.
AVGO is a leader name — when it goes, it goes.
AVGO) is breaking out of an 11-day consolidation flag, pushing through the trendline and into all-time highs — a textbook momentum setup.🔹 Flag Pattern Breakout
After a strong run,
AVGO spent 11 days chopping in a tight flag just under highs.Today, we’re seeing a clean trendline break, signaling the start of a potential fresh leg higher.
ATH breakout + flag pattern = momentum trader’s dream.
🔹 My Trade Plan:
1️⃣ Entry: Long on the flag breakout and trendline break.
2️⃣ Risk Level: Stop is down at $247, just under the consolidation base.
3️⃣ Target: Riding the trend — trailing stop strategy once price confirms above highs.
Why I Like This Setup:
Strong consolidation near highs = no weakness.
Breakout is happening with clean structure and clear volume pickup.
AVGO is a leader name — when it goes, it goes.Dagangan ditutup: hentian tercapai
Sold this 247 as it broke under 20sma looks like some news got out.
📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.