$AVGO — Harmonic Completion Loading (Wave E Setup)

⚙️ AVGO — Harmonic Completion Loading (Wave E Setup)

Date: Nov 6 2025 | Current Price: ≈ $358.84

Structure Insight: AVGO has completed an A–B–C–D corrective cycle, stabilizing near the 0.618 retracement ($357–358 zone) — a historically strong reversal pocket.

Projection Path: If the D-leg holds, we can expect the final E-wave expansion to unfold toward the $394–$400 zone, aligning with 1.236–1.382 fib extension and prior structural supply.

Critical Supports:

Major confluence zone: $352 → $357 (ideal D-point base)

Structural invalidation: Below $347 = bearish continuation back to $326 base support

Bullish Scenario: A bounce from D → E would imply momentum rotation into late Q4 as semiconductor capital rotation resumes.

Bearish Scenario: A clean break under $352 triggers reaccumulation phase; next buy zone near $330.

Macro Catalyst: With AI hardware demand sustaining NVIDIA, SMCI, and now AVGO’s chip exposure, institutions could be positioning for year-end sector rotation.

📊 Pattern symmetry + fib confluence = where Smart Money hides in plain sight.
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