AVGO Cup and Handle forming?
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Looks like a cup and handle pattern is forming nicely on the hourly chart ahead of the Broadcom stock split.
I can’t help but feel like we’re getting close to a top within the tech sector, but the momentum is still there driving this stock higher, and NVDA has shown us that a 30% boost post-split is very possible.
I can’t help but feel like we’re getting close to a top within the tech sector, but the momentum is still there driving this stock higher, and NVDA has shown us that a 30% boost post-split is very possible.
Nota
For anyone following along, I put another post together about this with a better chart. I'm posting updates there instead.I tried to post the link here, but TV is not allowing the post to publish for some reason. If you search my posts, you'll find it labeled "Cup and Handle Pattern Nearly Complete"
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.