Broadcom Inc. (AVGO) is already 1 month into its new Bear Cycle as following its December 10 2025 All Time High (ATH), it has dropped below its 1D MA50 (blue trend-line), being unable to break above it again yesterday on its 2nd test in the last 2 weeks.
This is almost identical to the 2022 Bear Cycle, which also started after the December 2021 High. Even their 1W RSI sequences are not all that different. Technically, the price is now aiming at the 1D MA200 (orange trend-line) but the long-term target is the 1W MA200 (black trend-line), which is where the 2022 Cycle bottomed after a -38.80% total decline, almost reaching the 0.5 Fibonacci retracement level from the 1W MA200.
As a result, it is highly likely to see a symmetrical Bear Cycle, targeting $255 by late 2026.
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This is almost identical to the 2022 Bear Cycle, which also started after the December 2021 High. Even their 1W RSI sequences are not all that different. Technically, the price is now aiming at the 1D MA200 (orange trend-line) but the long-term target is the 1W MA200 (black trend-line), which is where the 2022 Cycle bottomed after a -38.80% total decline, almost reaching the 0.5 Fibonacci retracement level from the 1W MA200.
As a result, it is highly likely to see a symmetrical Bear Cycle, targeting $255 by late 2026.
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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🔥Automate my TradingView strategies with OneBullEx 🤖 Professional crypto bots • Risk-managed • No emotions 👉 Trade smarter on OneBullEx using my link: rebrand.ly/7b3792
For my Account Management & Signal services👉 rebrand.ly/azr2wfo
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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.