NASDAQ:AVGO is repeating the same pattern from 2 months ago before it broke out. Look for entries near trend line supports or on a break out. Support and resistance levels are clearly marked via the trend lines. Also, when the ADX crosses bullish it will be an extra long indicator.
AVGO is past long entry level for C&H pattern
Possible Rising wedge. Rising wedges at the top are often bearish but not always.
Symmtrical triangle forming and can break up or down.
Broke up from an ascending triangle at 336ish
NV is high
Not a recommendation
Whether you believe in TA or not it is hard to deny the significance of this ascending parallel channel,
The stock is now just below midpoint and until it crosses we believe there is to much risk for a long entry.
Alert set on horizontal resistance @ $372 where it can be considered for entry.
Indicators are turning quite Bullish so best wait for a great...
Solid company with lots of buying power behind it. The name can move pretty quickly when set up right. Clean formation and the SMA winding is looking primed for a move higher late this week or early next week.
Good company with over 3.5% dividend. Growth stock. Retesting the breakout are. I think it's a good buy there. I will watch to add some there for a long term growth and earn yield. This is not a recommendation to buy or sell any financial asset. These posts are for educational purposes only. Please do your own homework before purchasing any assets.
The tendency of the stock market confirm that the winning is certain. The principals recommendations that should be taken into account are:
1/ Enter the stock market as a buyer;
2/ Sell the first position and collect the gain made;
3/ Reinforce our position and our gain;
Finally, we exit and close through a short position.
The given chart shows the right time...