gnostication

Broadcom to pullback

Short
gnostication Updated   
NASDAQ:AVGO   Broadcom Inc.
  1. Significantly overbought.
  2. Has hit the top of the LuxAlgo
  3. Other indicators appear to be cresting, increasing the likelihood of a trend reversal
  4. Price targets $633, $592, and then maybe $565

Should begin to play out in the next week or two.
Comment:
Totally wrong with this one. Exited before fully DCA'd in with a stop loss.
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