2024 LEAPS expire on Friday 1/19/24.
AAPL
Put Volume Total 255,134
Call Volume Total 289,493
Put/Call Volume Ratio 0.88
Put Open Interest Total 1,014,049
Call Open Interest Total 1,263,940
Put/Call Open Interest Ratio 0.80
MSFT
Put Volume Total 70,166
Call Volume Total 203,048
Put/Call Volume Ratio 0.35
Put Open Interest Total 536,269
Call Open Interest Total...
Really nice bullish setup here on AVGO with possibly Cup & Handle forming - hoping we see some consolidation in the form of a high and tight handle and then are able to break the 1002 level with some gusto. ADD IT TO YOUR WATCHLIST!
"(What goes up must come down some how)"
Will let see it for real
But we must watch the red leves (targets and support) and when the correction start we also must consider the 0.5 and 0.618 retracment
As always wish me luck
Good luck to me 😁
Please not financial advice
Strategy to scan AVGO peak first, take profits and collect low prices.
After the financial report of avgo stock, the stock value increased to the highest ever from 911 to 1099, I predict that AVGO will have a scenario of sweeping the top to create a target price of 200, from 911 to 1111, then down back to the starting place
Broadcom Inc is overbought on the 1D technical outlook (RSI = 75.003, MACD = 23.960, ADX = 31.411) but on the long term it is only testing the middle of the 1 year Channel Up pattern. This recent rally was initiated after the 1D MA50 held on December 6th. If the middle of the Channel Up breaks, we will go long and target the top (TP = 1,300) as it could be a...
Price Momentum
AVGO is trading near the top of its 52-week range and above its 200-day simple moving average.
The 50-day Moving Average is above the 200-day moving average meaning NASDAQ:AVGO may continue its Bullish Trend.
NASDAQ:AVGO 's 50-day moving Average crosses the 100-day Moving Average indicating a partial "Golden Cross".
Investors have been pushing...
Shares in Broadcom Inc (symbol ‘AVGO’) have moved up so far this month with higher momentum to reach an all-time high of $999.50 on 20 November. The focus on AI has been very positive for this share, with the price having gained around 80% since the beginning of the year.
Broadcom’s earnings report for the financial quarter ending in October is expected on...
Broadcom (AVGO.O) closed its $69 billion acquisition of cloud-computing firm VMware (VMW.N) after receiving regulatory approval in last major market China and ending a months-long saga.
The deal, one of the biggest globally when announced in May 2022, was the latest in CEO Hock Tan's efforts to boost the chipmaker's software business.
However, the transaction...
The major indices have outperformed over the last couple weeks.
Shorts and put skews are at all time lows.
No downside protection is being bought at this time.
Are stocks going to the moon again?
A pull back to the orange line will be my buying opportunity, break below and confirm stop out. The mention of a "Bull Flag breakout" in relation to NASDAQ:AVGO (Broadcom Inc.) suggests a specific pattern in technical analysis that indicates potential bullish momentum. Here's a breakdown of what this means:
1. **Bull Flag Pattern**: This is a continuation...
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the...
Product and Market Overview:
Broadcom offers semiconductor devices with applications across various industries.
Headquartered in San Jose, California, specializing in mixed signal and analog III-V based products.
Financial Performance and Growth (2018-2022):
Revenue Growth: Consistent increase from $20.8 billion (2018) to $33.2 billion (2022).
Net...
Quietly attempting a breakout of this rectangle today. Looking for ~$1,020 next then $1,350s sometime next year if this breakout holds. Long & looking to add if RSI closes above 70 today.
Broadcom is challenging the upper boundary of a well-defined rectangle. Rectangles narrower than 15% of the underlying value of the asset is my absolute favorite pattern.
While lagging indicators are cooling off (RSI/MACD on Weekly) it remains to be proven if AVGO makes it further up or swing failures the highs.
Overall, I am looking to take a short from the upper zone if given.
Could she dump from right where she is? In theory yes, but in that case my count(s) are wrong.
