Broadcom has support above the 21d EMA

AVGO briefly dipped below its 21d EMA, but is back above and trading with a fairly tight ATR. Buy Point could be a break back above the high of 10/13 at 387.80. Or more aggressively enter with a quarter or half position at Thursdays high. Use the 10d ATR stop of 9.03% which is above the lower support area.

Buy Point: 387.80
Stop Loss: 9.03% (352.78)
Position Size: R11.08 (Full position)