OneTrueSloth

AVGO triangle pattern $56 measured move

OneTrueSloth Updated   
NASDAQ:AVGO   Broadcom Inc.
There is a large triangle pattern forming on AVGO, just before earnings! Could be setting up for an extremely euphoric or extremely devastating price movement.
Comment:
Earnings were pretty neutral, so it's unlikely that this will break out any time soon. Will be interesting to see if it continues to play out!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.