Broadcom - The short of the century!⏰Broadcom ( NASDAQ:AVGO ) is reversing right now:
🔎Analysis summary:
Broadcom is just insane. After another retest of the very steep support trendline, we just witnessed a crazy rally of +200%. But at this exact moment, Broadcom is totally overextended and retesting major resistance. A healthy correction is starting today.
📝Levels to watch:
$400 and $300
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
AVGO
$AVGO [Broadcom Inc.]The compounder NASDAQ:AVGO has declined almsot 20% from ATHs. The stock is trading around $325 as we speak, currently testing the 100 SMA, if it breaks below, a gap could be filled around $310:$300.
Keys:
A disparity between the trailing P/E of 71 and the anticipated forward 24x suggests that the company is expecting a massive earnings boom.
PEG of 0.69 is suggesting an undervalued stock price to its growth.
A fortress balance sheet with a profit margin of 36.20% & gross margin of 64,71% & EPS next y of 38,21%
Is AVGO’s drop over yet?Oracle AVGO — Price Analysis
Chart A (Daily):
Price had been oscillating within an 80-day channel, and after failing to reach the channel’s upper boundary due to repeated divergences, it finally broke below the bullish channel with two strong, high-volume daily candles—the highest selling volume seen on this chart in the past 68 days—and closed below the channel.
Chart B (4H):
This structure is also visible on the 4-hour chart as a wedge pattern, where price initially experienced a fake breakout to the upside and has now broken the lower boundary of the wedge.
Outlook:
This corrective move could potentially continue at least to the gap zone highlighted on the chart, which is a significant gap, and possibly extend further to the support zone at the lower end of the extended channel. Once price reaches these areas, we should watch for potential reactions.
Note: This analysis will be updated as the situation develops.
Follow me on TradingView for more analyses and live stock trades.
NASDAQ:AVGO
Broadcom Technical Setup - Systematic Entry Approach🎯 AVGO: The Great Heist Setup | Layered Entry Strategy 💰
📊 Asset Overview
Broadcom Inc. (AVGO) - The semiconductor kingpin that's been printing money like a Vegas casino! 🎰
🎭 The Heist Plan: BULLISH Setup
Strategy Style: The "Thief Method" - Layered Limit Orders (Ocean's Eleven style but legal! 😎)
🚪 ENTRY ZONE: The Multi-Layer Approach
This ain't your grandma's single entry point! We're going full stealth mode with multiple limit buy orders spread across the zone like a well-planned heist:
Suggested Entry Layers:
💵 Layer 1: $330
💵 Layer 2: $340
💵 Layer 3: $345
💵 Layer 4: $350
💵 Layer 5: $355
OR feel free to enter at ANY current price level if you're feeling bold! 🎲
Pro Tip: You can add more layers based on your capital and risk appetite. More layers = Better average price = Smoother ride! 🎢
🛑 STOP LOSS: The Emergency Exit
Thief's Escape Hatch: $320
⚠️ RISK DISCLAIMER: Dear Thief OG's (Ladies & Gentlemen of Fortune), this is MY stop loss level for MY strategy. You're the boss of your own money! Set your SL based on YOUR risk tolerance. Make money, take money - at your own risk! 🎲
🎯 TARGET: The Vault Unlocks Here!
POLICE BARRICADE ZONE (Strong Resistance Alert! 🚨): $400
This level is where we expect:
💪 Strong resistance
📈 Overbought conditions brewing
Bull traps potentially forming
Strategy: Escape with your bags of cash before the sirens go off! 🚔💨
⚠️ PROFIT DISCLAIMER: Again, Thief OG's - this is MY target, not financial advice! Take profits whenever YOUR plan says so. Your money, your rules, your responsibility! 💯
🔗 Related Pairs to Watch (Correlation Play)
Keep your eyes on these accomplices in the semiconductor/tech heist:
NASDAQ:NVDA (NVIDIA) - The GPU mastermind, moves often correlate with AVGO
NASDAQ:AMD (Advanced Micro Devices) - Another chip champ in the gang
NYSE:TSM (Taiwan Semiconductor) - The supplier kingpin
NASDAQ:QCOM (Qualcomm) - Wireless chip crew member
NASDAQ:SMH (VanEck Semiconductor ETF) - The whole gang in one basket
Key Correlation: When semiconductor sector heats up, AVGO typically rides the wave. Watch NASDAQ:SMH for sector-wide momentum! 📡
🎪 Why This Setup Works (Technical Edge)
✅ Layered entries reduce timing risk
✅ Multiple support zones below current price
✅ Clear risk/reward structure
✅ Room to run toward resistance at $400
✅ Semiconductor sector showing strength
🎬 Final Words from Your Friendly Neighborhood Thief
This is the "Thief Strategy" - a layered, calculated approach to catching moves in AVGO. It's all about spreading your risk, averaging your entry, and having a clear exit plan whether things go right (🎯 $400) or wrong (🛑 $320).
Remember: The best thieves always have an escape plan! 🏃💨
Trade smart, not hard! And always remember: Past performance doesn't guarantee future results, but a solid plan beats panic every time! 🧠💪
✨ If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!
#AVGO #Broadcom #SwingTrading #DayTrading #TradingStrategy #StockMarket #TechnicalAnalysis #LayeredEntry #ThiefStrategy #Semiconductors #TechStocks #RiskManagement #TradingIdeas #StockTrading #BullishSetup #TradingView #MarketAnalysis #PriceAction #SupportAndResistance
Broadcom (AVGO) Shares Hit a Record Ahead of EarningsBroadcom (AVGO) Shares Hit a Record Ahead of Earnings
Broadcom (AVGO) shares reached an all-time high ahead of the company’s quarterly results, due this Thursday, supported by strong fundamental drivers:
→ Partnership with Microsoft: Media reports suggest Broadcom is in talks with Microsoft to develop custom AI chips.
→ Analyst optimism: UBS called Broadcom a “top investment” in the AI sector, citing explosive demand for hardware, and raised its price target to $472.
→ Shift in strategy: Market participants believe the company is refocusing on its own chips to win AI hardware market share from Nvidia.
We highlighted additional bullish drivers in our 14 October analysis.
Technical Analysis of AVGO Shares
Following a bullish gap on 4 September, price movements have formed an upward channel (shown in blue).
From a bullish perspective:
→ the channel median is acting as support (indicated by the arrow);
→ the wide bullish candle on 24 November signals strong buying pressure;
→ the share is outperforming equity indices.
From a bearish perspective:
→ the AVGO share price is currently near the upper boundary of the channel;
→ the psychological $400 level is showing signs of resistance;
→ at peak B the price rose only slightly above the previous peak A before pulling back – a sign of a potential bull trap.
It is possible that in the coming days, AVGO may show signs of consolidation near the upper channel boundary, while the earnings release could trigger a volatility spike and a large gap, given the market’s elevated expectations.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Broadcom Rides the AI Wave, Fueling Nasdaq's AscentSemiconductor titan Broadcom (NASDAQ: AVGO) emerged as a key catalyst driving the Nasdaq Composite significantly higher during a robust trading session for the technology sector. This bullish momentum was fueled by a confluence of positive developments within the artificial intelligence ecosystem, directly benefiting Broadcom's strategic positioning.
The optimism was ignited over the weekend by affirming analyst commentary regarding Alphabet (Google)'s advancements in AI. As a critical supplier of custom networking and AI accelerator chips for Google's data centers, Broadcom stands as a direct beneficiary of the search giant's accelerated investments. This sentiment was further amplified by e-commerce and cloud behemoth Amazon (NASDAQ: AMZN), which unveiled ambitious new plans to commit tens of billions of dollars toward AI infrastructure. Given Broadcom's established role as a supplier for custom silicon solutions, this announcement signals a powerful, forward-looking demand driver for its semiconductor business.
While a segment of the market maintains a prudent long-term perspective, cautiously watching for any potential saturation or deceleration in the torrent of AI capital expenditure, the immediate reaction to concrete, large-scale investment announcements remains overwhelmingly positive. These deals serve as tangible validation of Broadcom's growth trajectory and its entrenched role in the foundational infrastructure of the AI revolution.
Technical Perspective and Price Outlook
From a chart analysis standpoint, Broadcom's technical setup presents a compelling case for continued strength. The stock is demonstrating remarkable resilience, consolidating above a key Fibonacci support level. Specifically, the 0.236 Fibonacci retracement level at approximately $327.85 has acted as a reliable springboard, confirming a strong base of buyer interest at that price point.
This robust foundation, underpinned by powerful fundamental tailwinds, provides a confident outlook for the stock's upward trajectory. Our analysis projects a strong and positive target zone between $400 and $440. Given the potent combination of sector-wide momentum and the company's firm-specific catalysts, we anticipate a high probability that AVGO will challenge and test this target range in the foreseeable future. The confluence of strong fundamentals and a bullish technical structure makes Broadcom a standout contender for continued outperformance.
AVGO — [2D] WEEK 49 TREND REPORT | 12/04/2025AVGO — WEEK 49 TREND REPORT | 12/04/2025
Ticker: NASDAQ:AVGO
Timeframe: 2D
This is a reactive structural classification of AVGO based on the weekly chart as of this timestamp. Price conditions are evaluated as they stand — nothing here is predictive or forward-assumptive.
⸻
1) Current Trend Condition [ Numbers to Watch ]
Current Price @ 381
• Trend Duration : +228 Days ( Bullish )
• Weekly Trend Reversal Level ( Bearish ) @ 363.53
• Weekly Trend Reversal Level ( Bearish Confirmation ) @ 322
• Pullback Support @ 320
• Correction Support @ 255
⸻
2) Structure Health
• Retracement Phase:
Uptrend (operating above 78.6%)
• Position Status:
Healthy (price above both structural layers)
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3) Temperature :
Warming Phase
⸻
4) Momentum :
Bullish
⸻
Author’s Note
UPWARD STRUCTURAL ALIGNMENT
This mark reflects a point where market behavior supported the continuation of the existing upward direction. It does not imply forecasting or targets — it simply notes where strength became observable within the current trend. Its meaning holds only while price continues to respect the broader structural levels that define the trend.
⸻
Methodology Overview
This classification framework evaluates directional conditions using internal trend-interpretation logic that references price behavior relative to its structural layers. These relationships are used to identify when price movement aligns with the framework’s criteria for directional phases, transition points, or regime shifts. Visual elements or structural labels reflect these internal interpretations, rather than explicit trading signals or preset indicator crossovers. This framework is observational only and does not imply future outcomes.
AVGO: Path to $829.77 – Navigating Critical Fibonacci Zones1. Overall Thesis and Price Structure
Broadcom Inc. (AVGO) exhibits a strong underlying bullish trend, fundamentally driven by demand for its AI chips and the successful integration of VMware. The technical objective targets a final high of $829.77. However, the path requires breaking through significant resistance levels defined by the Fibonacci structure. The current price is \mathbf{\$402.96}, maintaining the bullish momentum.
2. Crucial Resistance and Volatility Points
The analysis identifies two critical intermediate targets. The first and most significant hurdle is at $567.10, which aligns closely with the \mathbf{0.618} Fibonacci Golden Ratio. This zone is expected to trigger major volatility, profit-taking, and consolidation. The price action at $567.10 is the key test for trend continuity. Should the price break this level decisively, the next primary resistance target is $688.63, paving the way for the ultimate goal.
3. Key Support and Trend Invalidation
The long-term structural support, or the "Invalidation Point" for the bullish scenario, is the Key Zone at \mathbf{\$206.00}. As long as AVGO trades above this level, the multi-year uptrend remains valid. In the short term, the stock needs to overcome immediate resistance near $414.77 to gather momentum and continue its push towards the intermediate Fibonacci targets.
GOOGL Stock Forming a BIG Pattern — Key Levels You MUST Watch!In this video, I break down a clear chart pattern forming on GOOGL (Alphabet) stock, using detailed technical analysis.
You’ll see exactly how the pattern developed, what levels matter right now, and where the stock could move next.
🔍 What’s Covered in This Analysis:
GOOGL’s current chart structure
Clear pattern formation (triangle / channel / flag / wedge — based on your chart)
Key support & resistance zones
Breakout / breakdown levels
Trend strength and momentum
Short-term price targets
Medium-term technical outlook
Risk levels & invalidation points
📈 Why This Matters
Alphabet (GOOGL) is showing a highly tradable technical setup, and understanding this chart pattern can help you spot the next big move before it happens.
Perfect for:
Day traders
Swing traders
Long-term technical investors
Anyone following large-cap tech stocks
Is Silicon's Silent Giant Rewriting the Rules of AI?Broadcom has emerged as a critical, yet understated, architect of the artificial intelligence revolution. While consumer-facing AI applications dominate headlines, Broadcom operates in the infrastructure layer, designing custom chips, controlling networking technology, and managing enterprise cloud platforms. The company maintains a 75% market share in custom AI accelerators, partnering exclusively with Google on their Tensor Processing Units (TPUs) and recently securing a major deal with OpenAI. This positioning as the "arms dealer" of AI has propelled Broadcom to a $1.78 trillion valuation, making it one of the world's most valuable semiconductor companies.
The company's strategy rests on three pillars: custom silicon dominance through its XPU platform, private cloud control via the VMware acquisition, and aggressive financial engineering. Broadcom's technical expertise in critical areas like SerDes technology and advanced chip packaging creates formidable barriers to competition. Their Ironwood TPU v7, designed for Google, delivers exceptional performance through innovations in liquid cooling, massive HBM3e memory capacity, and high-speed optical interconnects that allow thousands of chips to function as a unified system. This vertical integration from silicon design to enterprise software creates a diversified revenue model resistant to market volatility.
However, Broadcom faces significant risks. The company's dependence on Taiwan Semiconductor Manufacturing Company (TSMC) for production creates geopolitical vulnerability, particularly given rising tensions in the Taiwan Strait. U.S.-China trade restrictions have compressed certain markets, though sanctions have also consolidated demand among compliant vendors. Additionally, Broadcom carries over $70 billion in debt from the VMware acquisition, requiring aggressive deleveraging despite strong cash flows. The company's controversial shift to subscription-based pricing for VMware, while financially successful, has generated customer friction.
Looking ahead, Broadcom appears well-positioned for the continued AI infrastructure buildout through 2030. The shift toward inference workloads and "agentic" AI systems favors application-specific integrated circuits (ASICs) over general-purpose GPUs Broadcom's core strength. The company's patent portfolio provides both offensive licensing revenue and defensive protection for partners. Under CEO Hock Tan's disciplined leadership, Broadcom has demonstrated ruthless operational efficiency, focusing exclusively on the highest-value enterprise customers while divesting non-core assets. As AI deployment accelerates and enterprises embrace private cloud architectures, Broadcom's unique position spanning custom silicon, networking infrastructure, and virtualization software establishes it as an essential, if largely invisible, enabler of the AI era.
Breaking: Broadcom Inc. (AVGO) Surged 11% Yesterday Eyeing $500 Broadcom Inc. (NASDAQ; NASDAQ:AVGO ) shares saw a noteworthy uptick of 11% in extended market trading further extending the gains to todays premarket session up by 2.34%.
Should the stock break the ceiling of the $388 resistant zone, coupled with the RSI at 61, a bullish move to the $500 resistant is feasible and possibly $700 before the year runs out.
Similarly, failure to pull that stunt from NASDAQ:AVGO might resort to a move to the $250 support point.
With earnings slated for December 11th, 2025, In 2024, Broadcom's revenue was $51.57 billion, an increase of 43.99% compared to the previous year's $35.82 billion. Earnings were $5.90 billion, a decrease of -58.14%.
Analyst Summary
According to 28 analysts, the average rating for AVGO stock is "Strong Buy." The 12-month stock price target is $353.86, which is a decrease of -6.38% from the latest price.
About AVGO
Broadcom Inc. designs, develops, and supplies various semiconductor devices and infrastructure software solutions worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software. It provides Ethernet switching and routing custom silicon solutions, optical and copper physical layer devices, and fiber optic transmitter and receiver components; set-top box system-on-chips (SoCs), data over cable service interface specifications cable modem and networking infrastructure.
QuantSignals V3 AVGO | High-Probability Bear PlayAVGO QuantSignals Katy 1M Prediction | 2025-11-20
Current Price: $371.19
Final Prediction: $363.96 (-1.95%)
30min Target: $368.47 (-0.73%)
Trend: BEARISH
Confidence: 73%
Volatility: 36.5%
📊 Trade Signal:
Direction: PUT
Entry: $371.19
Target: $365.41
Stop Loss: $376.76
Expected Move: -1.95%
Analysis Summary:
Katy AI predicts a moderate bearish trend over the next month.
Technical indicators and options flow suggest downside potential.
Short-term target ($368.47) may see minor pullback before continued decline.
Trade Setup:
Expiry: 1 Month
Position Size: Moderate, manage risk due to volatility
Risk Level: MODERATE-HIGH
Notes:
Monitor for reversals near $365.41 support.
Stop loss at $376.76 protects against unexpected upward moves.
AVGO (Broadcom) Crash Alert | The Biggest Drop Is Just Starting “ AVGO (Broadcom ) is on the brink of a massive correction, with charts pointing toward a potential plunge into the $45–$23 zone — a brutal reset that could shake the entire semiconductor sector before the next bull cycle begins. ⚠️📉”
🔥 Summary:
Broadcom (AVGO) might be entering a massive corrective phase after a historic rally. The charts suggest the bull run is pausing and a bear market retracement is about to unfold — potentially one of the biggest corrections in years. While long-term fundamentals remain strong, smart money could be preparing to buy much lower after this shakeout. ⚠️📉
🌊 Elliott Wave Breakdown
According to wave theory, AVGO has likely completed a full 5-wave impulse — marking the end of Cycle Wave 1 .
Now, the market is preparing for Cycle Wave 2 , a deep and time-consuming correction.
The expected retracement zone lies between $45–$23 , which corresponds with the 0.618–0.786 Fibonacci retracement of the entire 2010–2025 rally.
Wave 2s often create fear and disbelief, shaking out late buyers before the next mega rally (Wave 3).
In other words: this is not the end of the bull , but the start of a much-needed reset .
📉 Price Action & Market Structure
AVGO’s weekly structure shows clear exhaustion at the top — long wicks, slowing momentum, and divergence between price and volume.
The market structure shift (MSS) is forming:
Break of trendline support 🟠
Lower highs forming 🔻
Liquidity still sitting under 2022–2023 consolidation zones
All this signals that distribution is underway. Once liquidity under key swing lows gets tapped, a larger bearish trend can unfold.
🧠 Smart Money Concept (SMC) View
Smart Money is likely offloading at these premium prices.
Expect the following sequence:
💥 Liquidity grab above current highs (final trap)
⬇️ Break of structure confirming the downtrend
📉 Repricing toward discount zone ($45–$23)
🧱 Reaccumulation by institutions for the next macro leg
The bearish reprice phase may last several quarters or even years, but this is where smart money prepares for the next cycle , not retail FOMO.
💰 Fundamentals Meet Reality
Despite Broadcom’s strong fundamentals — AI infrastructure, chip dominance, software expansion — valuations have far outrun earnings .
A macro reset (higher rates, earnings compression, slowing AI hype) could drive a fundamental correction to align price with real growth.
Even great companies need bear markets to reload and revalue before resuming exponential growth.
🔮 The Big Picture
✅ Long-term bull trend is intact — but paused .
⚠️ Short-to-medium term: bear market correction is expected to start soon .
🎯 Key accumulation zone: $45–$23 (deep discount territory).
🚀 Post-correction, the next supercycle (Wave 3) could begin — targeting multi-thousand-dollar levels.
🦅 Summary Insight
“Smart money sells strength, not weakness. They’ll buy when fear peaks.”
AVGO’s parabolic bull wave has likely topped , and a multi-year corrective wave is next.
This is not the end — it’s the reset before a generational buying opportunity.
Brace for turbulence before the skies clear. 🌪️📉➡️🌤️🚀
“ Traders , this could be the setup of the decade. AVGO (Broadcom) is flashing every warning sign of a massive correction — our models point to the $45–$23 zone as the next major demand area. Don’t chase the top when smart money is preparing to buy the bottom. 📉💰
How deep do you think this correction goes? Drop your targets below 👇 and let’s see who catches the real reversal!”
— Team FIBCOS
#AVGO #Broadcom #StockMarket #BearMarket #Correction #WaveTheory #SmartMoney #ElliottWave #TechnicalAnalysis #TradingView #Fibcos #PriceAction #Investing #MarketCrash #StockAlert #Wave2 #MarketUpdate #ChartAnalysis #BearishSetup #TradeSmart
BROADCOM 6-year Channel Up in need of a correction.Broadcom Inc. (AVGO) has been trading within a 6-year Channel Up since the start of the COVID crash with the price is currently on its top (Higher Highs trend-line).
Our point of interest currently is the 1W RSI Bearish Divergence, being on Lower Highs since September against the price's Higher Highs. This kind of Bearish Divergence that high inside such a long-term pattern is an indication of a potential trend reversal.
The last correction (January - March 2025) pulled back all the way to the 1W MA100 (green trend-line) and the one before (January - October 2022) to the 1W MA200 (orange trend-line). The former was more aggressive (-44.72% against -38.65%) and faster. Both reached the bottom of the Channel Up.
As a result, even a -38.65% correction from the current levels would come very close to the bottom of the pattern by Q3 2026, approaching also the 1W MA200, which fulfils most prior pull-back conditions of the Channel Up.
Given this data, our long-term Target on Broadcom from now on is $240. The most optimal buy signal for our next long-term buy will be when the 1W RSI hits its 6-year Support Zone, which happened both on the March 2025 and October 2022 bottoms.
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Broadcom - Please short this stock now!🔒Broadcom ( NASDAQ:AVGO ) just ended its rally:
🔎Analysis summary:
Over the course of the past couple of months, Broadcom has been rallying substantially. But considering that Broadcom is now retesting the rising channel resistance, a retracement becomes more and more likely. We just have to wait for bearish confirmation.
📝Levels to watch:
$350 and $240
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
Broadcom Shares Surge Nearly 10% on OpenAI Partnership NewsBroadcom (AVGO) Shares Surge Nearly 10% on OpenAI Partnership News
Last month, news of a partnership with OpenAI served as a powerful bullish catalyst for NVIDIA (NVDA) shares. In October, a similar effect can be seen on the Broadcom (AVGO) chart.
According to media reports, the two companies have been collaborating for 18 months but are now making their partnership public. Their plans for 2026 include launching chip racks developed by OpenAI and based on Broadcom technology.
The rally in AVGO shares was further supported by:
→ President Trump’s conciliatory tone following his earlier remarks about imposing 100% tariffs on Chinese goods;
→ the prospect of a meeting between the Chinese and US leaders in South Korea at the end of October, as announced by US Treasury Secretary Scott Bessent.
Technical Analysis of Broadcom (AVGO)
Price movements in mid-2025 formed an upward channel (shown in blue). A strong earnings report in September triggered:
→ a bullish gap at the beginning of the month;
→ an extension of the channel, with the historical high (B) sitting near its upper boundary.
From a bullish perspective:
→ the price remains within the channel, confirming its validity;
→ the pullback to October lows following the A→B impulse can be viewed as a standard correction consistent with classic Fibonacci ratios of 0.5–0.618;
→ yesterday’s rally may represent a breakout of a bullish flag (shown in red) and an attempt to resume the upward trend;
→ within this context, the $315–325 zone appears to be key support for the bulls, while the 10 October low (marked with an arrow) may prove to be a bear trap.
From a bearish perspective:
→ in pre-market trading today, AVGO shares are slightly lower, suggesting the initial reaction may have been overly emotional;
→ the psychological $350 level continues to act as resistance — previous attempts to break above it have failed to hold.
If yesterday’s rally fails to gain traction, it could indicate underlying weakness in AVGO shares, which were unable to capitalise on strong fundamentals to sustain the bullish trend seen earlier in 2025.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Why Did The Market Bounce Today? Today the market bounced for 2 reasons....
1. Broadcom NASDAQ:AVGO received news of another OPENAI partnership. This multi year billion dollar deal caused the stock to bounce double digits. When this name rallies it causes liquidity to flow into the $SOXX. Semiconductors are still the heartbeat of this market and have propped everything up today.
The OPENAI headline seems to be running out of steam as the last 3 partnership announcements caused 3 stock to make new highs but AVGO did not take out its highs. This will be on watch.
2. The bond market was closed today allowing investors to not have to worry about catalysts or yields. There's an old saying on "when the cats away, the mice will play" .
The bond market is the much larger investment market aka the "cat" and this liquidity has clearly spilled over into smaller cap higher beta stocks.
Tomorrow we will see if the markets can take out the 20 day Moving average or if this pop gets sold into.
Direxion Semiconductor 3x Bull | SOXL | Long at $30.00So many semiconductor companies... which one to choose? Enter AMEX:SOXL - not for the faint of heart. Losses and gains triple compared to most semiconductor ETFs, so stay away if high-risk plays aren't your thing. The top three holdings are NASDAQ:AMD , NASDAQ:AVGO , and NASDAQ:NVDA - two of which are at all-time highs...
I wouldn't be shocked if AMEX:SOXL enters the low $20's to test the base of my historical simple moving average area, but I don't think we are done hearing about AI and the semi demand. There are large gaps to fill above and below the current price and we are at the 50/50 stage (i.e. historical simple moving average zone) for a price move up or down.
My bet is up, especially with the new presidential administration. If politicians start dumping semis, I'm out. Thus, at $30.00 AMEX:SOXL is in a personal buy zone.
Target #1 = $35
Target #2 = $40
Target #3 = $50
Target #4 = $60
$NVDA & $AVGO powering higher. $ASML to 1000 $. $SMH has wings.A quick update on our favorite sector and the favorite stocks within the sector before we go to the weekend. Previously in this space multiple times we have provided price targets on the Semiconductor sector ETF NASDAQ:SMH and the individual stocks like $NVDA. NASDAQ:AVGO and $ASML. We have reiterated our targets for NASDAQ:SMH and the stocks multiple times. In fact, NASDAQ:SMH is above my long term target which is bullish.
NASDAQ:NVDA rolling over. NASDAQ:SMH looks vulnerable for NASDAQ:NVDA by RabishankarBiswal — TradingView
NASDAQ:AVGO above its previous ATH and holding on. 400 $ reachable. for NASDAQ:AVGO by RabishankarBiswal — TradingView
NASDAQ:ASML : Is the stock primed for upside? Indicators are aligned. for EURONEXT:ASML by RabishankarBiswal — TradingView
We stick to our targets from the posts above. NASDAQ:NVDA to 250 $. AVGO to 400 $ and ASML to 980 $ - 1000 $. New target NASDAQ:SMH to 360 $ to 3.618 Fib level.
Verdict: Semis have a good momentum. Stay long and strong. NASDAQ:SMH to 360 $ before year end.
BROADCOM Rejection at the top of 3-year Channel Up possible. Last time we looked at Broadcom Inc. (AVGO) was more than 3 months ago (June 10, see chart below), where we gave a buy signal, targeting $320:
The price is now on the 2nd straight red week after it marginally breached above its 3-year Channel Up, and if it closes in red eventually, we will have a strong technical case for a rejection pull-back.
As you can see, every time the 1W RSI got that overbought and got rejected on its 4-year Resistance Zone, it always corrected back to its 1D MA100 (red trend-line).
Technically that should be the next medium-term buy entry point to finish the year with a $400 Target.
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AVGO Broadcom Options Ahead of EarningsIf you haven`t bought AVGO before the rally:
Now analyzing the options chain and the chart patterns of AVGO Broadcom prior to the earnings report this week,
I would consider purchasing the 330usd strike price Calls with
an expiration date of 2025-10-17,
for a premium of approximately $8.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Stock Opportunity: LULULEMON & AVGO EARNINGSNASDAQ:LULU just reported earnings of $2.53B vs $2.54B est
They did beat on the EPS side $3.10 vs $2.85
Lululemon is now the second cheapest its ever been in its history on a PE basis. Behind the GFC crisis in 2008.
They have slashed their guidance and profit forecasts...which seem to be the final shakeout.
Lulu filled a massive weekly technical gap going back to Covid.
NASDAQ:AVGO reported earnings: Rev $15.95B vs $15.83B
EPS $1.69 vs $1.54
This institutional semiconductor stock is crushing Vol and staying flat-ish in afterhours.
We took a position in Lulu.






















