Broadcom Inc.
Long
Updated

$AVGO โ€“ Flow + TA Alignment

33
๐Ÿ“ˆ AVGO โ€“ Flow + TA Alignment

AVGO sitting at equilibrium (~332โ€“333) after tagging resistance. Options flow + fib extensions are pointing toward the next magnet zone.

๐Ÿ”‘ Key Levels

Support: 330 โ†’ invalidation level.

Short-term target: 346โ€“348 (1.618 fib + heavy call flow strikes).

Mid-term target: 354โ€“356 (Wave (5) projection, aligned with Oct expiries).

Stretch target: 380 (OTM call bets).

๐Ÿงญ Roadmap

Holding 332โ€“330 โ†’ expect quick move into 346โ€“348.

If buyers sustain momentum โ†’ extension toward 354โ€“356.

Flow confirms: institutions stacked size on 342.5C, 345C, 340C for October.

Breakdown under 330 = risk back to 328/324 demand.

๐Ÿ“Š Flow + TA Confluence

The yellow projection curve shows how options activity + fib mapping align into October.

Heavy near-dated call flow = 345โ€“348 magnet.

Mid-month flow + Elliott count = 354โ€“356 extension.

Outlier 380C = possible overshoot if semis squeeze.

๐Ÿš€ Outlook: AVGO has confluence into 346 short-term, with Wave 5 potential into mid-350s. Flow + TA speak the same language.

#AVGO #OptionsFlow #VolanX #ElliottWave #AITrading
Note
Hyped for this trade!
Trade active

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