Will_Wong

AVGO: Sub ii of 5 bounced off the S3 and is poised for sub iii

Long
Will_Wong Updated   
NASDAQ:AVGO   Broadcom Inc.
ride up to $255
Comment:
Huge earnings and sales beat. Stock gapped up 3.7% and continued to gain up to about $235++
Comment:
Comment:
Wave (iv) appears complete.

Comment:
AVGO: Two days of heavy selling did no structural damage to AVGO

Comment:
Closed above the 200 ma. Invalidation level shown for reference. Pivot level is right below. Expect 200ma to hold.

Comment:
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