Yogigolf
Long

AVGO Ascending Triangle Continuation

NASDAQ:AVGO   BROADCOM INC
AVGO is in an ascending triangle pattern and seems to be breaking to the upside. Price closed above a key resistance point and 100dma a previous level that was rejected upon multiple gap ups. Consolidation is also above the price volume profile pivot which acted as support the last 2 pull backs. Natural extension and 1.618 fib is around the double top . I have a bullish outlook on the semi conductor sector which AVGO is a large component of so they should go up together.
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