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jangseohee
Sep 6, 2014 5:46 AM

Break out with no conviction 

Broadcom Inc.NASDAQ

Description

Avago Technologies - a Singapore based company in semiconductor sector which is part of Nasdaq Composite, SMH & XSD (ETFs) has enjoyed a nice bull run since Nov 2009.
This week, it has broke through the upper uptrend channel with a big bullish bar but without any evidence of volume conviction. It might shoot higher but the reversal will be hurtful i suppose.
Comments
jangseohee
jangseohee
jangseohee
jangseohee
jangseohee
another CUP potential
jangseohee
jangseohee
jangseohee
jangseohee
that is SPOOKY!
jangseohee
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