Broadcom - Please short this stock now!๐Broadcom ( NASDAQ:AVGO ) just ended its rally:
๐Analysis 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.
๐Levels to watch:
$350 and $240
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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:
โ President Trumpโs conciliatory tone following his earlier remarks about imposing 100% tariffs on Chinese goods;
โ 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:
โ a bullish gap at the beginning of the month;
โ an extension of the channel, with the historical high (B) sitting near its upper boundary.
From a bullish perspective:
โ the price remains within the channel, confirming its validity;
โ the pullback to October lows following the AโB impulse can be viewed as a standard correction consistent with classic Fibonacci ratios of 0.5โ0.618;
โ yesterdayโs rally may represent a breakout of a bullish flag (shown in red) and an attempt to resume the upward trend;
โ within this context, the $315โ325 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:
โ in pre-market trading today, AVGO shares are slightly lower, suggesting the initial reaction may have been overly emotional;
โ the psychological $350 level continues to act as resistance โ previous attempts to break above it have failed to hold.
If yesterdayโs 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.
AVGO watch $355-360: Dual Fib zone resistance holding up new ATHAVGO got a surge from news and then retraced.
Now retesting Dual-Fib zone at $355.42-359.67
Look for Break-n-Retest to enter longs or add.
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See "Related Pubications" for previous plots such as this perfect BREAK OUT
Hit BOOST and FOLLOW for more such PRECISE and TIMELY charts.
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Broadcomโs the Gap-LoverBroadcom has a very particular behavior, it loves to rally in sharp upward bursts.
It often opens with gaps, quickly pushing the price to new levels. Interestingly, the gap zones are never violated during these uptrends.
However, weโve recently seen a small but concerning move back into a previous gap area.
In past cases, this has been Broadcomโs first bearish signal, often marking the start of a cooling phase. (see white circles for recent behaviour)
That said, this kind of signal doesnโt always mean a full reversal, sometimes it just suggests a sideways consolidation while the buying euphoria takes a breather.
๐ค What do you think?
Will Broadcom respect its usual pattern againโฆ or will this be the first time it ignores it and keeps printing new ATHs?
AVGO OCT 2025AVGO (4H): Rejected at 350โ345 and still trading under the descending trendline. Distribution overhead persists into 370 where heavy sell programs hit. If buyers can absorb above 345, momentum can shift; otherwise, watch the 316 gap and the 300โ290 base for further absorption.
โข Upside targets: 370 first; extension 390 on a clean break and hold above 370.
โข Downside targets: 316 gap fill; extension 300โ290. A failure there opens 249.
#AVGO #globaltrade #investment #investing #stockmarket #wealth #realestate #markets #economy #finance #money #forex #trading #price #business #currency #blockchain #crypto #cryptocurrency #airdrop #btc #ethereum #ico #altcoin #cryptonews #Bitcoin #ipo
$AVGO | Broadcom โ Institutional DSS ProjectionNASDAQ:AVGO | Broadcom โ Institutional DSS Projection
Price has broken out of the descending channel and is testing early reversal confirmation.
Immediate resistance: $340.50 โ $345.51
Mid-term target: $358.82 (Fib 2.618)
Extended projection: $379.42 (Fib 4.236)
Institutional model suggests accumulation in this zone, with upside momentum building if $334 support holds. Downside invalidation below $328.
๐ Watching for liquidity rotation from semis back into megacaps. AVGO aligned with tech-sector resilience ahead of earnings season.
$AVGO โ Flow + TA Alignment๐ NASDAQ:AVGO โ Flow + TA Alignment
AVGO sitting at equilibrium (~332โ333) after tagging resistance. Options flow + fib extensions are pointing toward the next magnet zone.
๐ Key Levels
Support: 330 โ invalidation level.
Short-term target: 346โ348 (1.618 fib + heavy call flow strikes).
Mid-term target: 354โ356 (Wave (5) projection, aligned with Oct expiries).
Stretch target: 380 (OTM call bets).
๐งญ Roadmap
Holding 332โ330 โ expect quick move into 346โ348.
If buyers sustain momentum โ extension toward 354โ356.
Flow confirms: institutions stacked size on 342.5C, 345C, 340C for October.
Breakdown under 330 = risk back to 328/324 demand.
๐ Flow + TA Confluence
The yellow projection curve shows how options activity + fib mapping align into October.
Heavy near-dated call flow = 345โ348 magnet.
Mid-month flow + Elliott count = 354โ356 extension.
Outlier 380C = possible overshoot if semis squeeze.
๐ 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
$AVGO | Decision Zone โ Bounce or Deeper Pullback?NASDAQ:AVGO | Decision Zone โ Bounce or Deeper Pullback?
๐น Technicals
Current: 333.9 (+1.2%)
Fib retracement showing key levels:
372.3 = resistance / upside pivot
322.0 โ 302.0 = short-term support band
265.7 = deeper liquidity target if breakdown extends
Larger fib extensions point toward 517.5+ on sustained uptrend.
๐น Scenarios
๐ข Bullish Path:
Hold 322โ333 support โ reclaim 372 โ path opens toward 400 โ 517.
๐ด Bearish Path:
Failure at 333โ322 โ momentum drags into 302 โ 265 before long-term buyers step in.
๐ Summary
NASDAQ:AVGO sitting mid-structure. 372 is the bull trigger, 322 is the bear trigger. Watch liquidity rotation here for the next major leg.
#AVGO #Semiconductors #AI #Trading
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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Broadcom Rallied. Now itโs Pulled Back.Broadcom surged to new record highs two weeks ago and now itโs pulled back.
The first pattern on todayโs chart is the gap on September 5 after results beat estimates and management revealed a new large customer. That surge may reflect bullish sentiment in the chip stock.
Second, AVGO went on to make a weekly low of $335.83 two sessions later. Last Friday, it bounced slightly above that level. Is new support in place?
Third, the 8-day exponential moving average (EMA) is above the 21-day EMA. MACD has also surged. Those signals may reflect short-term bullishness.
Next, AVGO is an active underlier in the options market. That could help traders take positions with calls and puts.
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$AVGO โ Strong Uptrend Intact, Backed by Robust Fundamental GrowSTRONG BULLISH | Ticker: AVGO (Broadcom Inc.) | Timeframe: Daily/Weekly
NASDAQ:AVGO is demonstrating a powerful and sustained uptrend, and the recent Q3 FY25 earnings report provides fundamental confirmation that this momentum is well-supported.
๐ Technical Perspective:
The stock is in a clear ascending channel, consistently making higher highs and higher lows.
It is trading decisively above key moving averages (e.g., 66-day and 198-day EMA), indicating strong bullish sentiment.
Each pullback has been bought aggressively, showing strong institutional support.
โ
Fundamental Catalyst (Q3 FY25 Earnings):
The latest earnings report acts as a powerful catalyst confirming the strength of this trend:
Explosive Revenue Growth: Posted revenue of $15.95B, a massive 22% YoY increase. This isn't just growth; it's accelerating growth.
Exceptional Profitability: Operating income surged 55% YoY to $5.89B, highlighting incredible operational leverage and margin expansion.
AI is the Driver: The Semiconductor Solutions segment ($9.17B) is fueled by insatiable demand for custom AI accelerators and networking chips. This is a long-term, structural growth story, not a short-term hype cycle.
Software Transformation: The Infrastructure Software segment ($6.79B) is successfully transitioning to a high-margin subscription model, creating a predictable and recurring revenue stream.
Shareholder-Friendly: The company returned $2.8B in dividends and is actively buying back stock ($2.45B this quarter), showcasing a strong commitment to capital return.
๐ฏ Conclusion:
The technical breakout is being validated by exceptional underlying fundamentals. The combination of leadership in AI semiconductors, a sticky software business, and superior capital allocation makes AVGO a premium asset. The trend is your friend, and the fundamental story confirms this friend has a very strong foundation.
Climax top on earningsNASDAQ:AVGO could have made a climax top in its final run on its earnings call.
Reasons:
1. Huge RSI divergence on daily
2. Huge reversal on highest volume
3. Its NASDAQ:SMH peers like NASDAQ:NVDA , NASDAQ:AMD continue to fall with more downside.
4. 1 Hour count on what I believe the final wave 5 has fading momentum
5. Weak choppy general market, divergence between QQQ and SPY
Broadcom at ResistanceBroadcom is at $326 resistance. It's accelerated well past it's historical trend line. This brings up concerns of over excitement.
While IXCO and SOX are still showing room for semiconductors to run as a broad group I would speculate AVGO is likely going to be left out as NVDA catches up. (NVDA hit it's current trend line this morning)
I'm expecting IXCO and SOX to hit resistance the end of this year. So until then I'm speculating AVGO is going to consolidate around current 326 resistance and eventually break down towards it's long term trend line.
I'm marking this Idea as "short" because I have a sideways/downward bias, but I personally am not actually shorting AVGO. When IXCO tops out there will be much better tech stocks to short.
Good luck!
AVGO: The Top Could Be Seen Since AprilUsing the fib retracement tool, I was able to determine the top of AVGO since July, but there have been clues dating back to April that $356 was the top. The fibonacci retracement is an excellent way to determine future supports and resistances and is used by top traders around the world.
AVGO - LONG Swing Entry PlanNASDAQ:AVGO - LONG Swing Entry Plan
E1: $ 280.80 โ $ 277.00
โ Open initial position targeting +8% from entry level.
E2: $ 274.50 โ $ 270
โ If price dips further, average down with a second equal-sized entry.
โ New target becomes +8% from the average of Entry 1 and Entry 2.
AD: $ 247.50 โ $ 243.00
โ If reached, enter with double the initial size to lower the overall cost basis.
โ Profit target remains +8% from the new average across all three entries.
Risk Management:
Stop Loss:
Risk is capped at 12% below the average entry price (calculated across all executed positions including the Edit Zone).
Position Sizing Approach:
Entry 1: 1x
Entry 2: 1x
AD Zone: 2x
โ Total exposure: 4x
โ Weighted average determines final TP and SL calculations.
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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.
AVGO Earnings Lotto: $332.5C Could 3x Overnight!
๐ **AVGO Earnings Trade Setup (2025-09-04)** ๐
**Market Bias:** **ModerateโStrong Bullish** ๐ช
**Confidence:** 76% โ
**Trade Idea:**
๐ฏ **Instrument:** AVGO
๐ **Direction:** LONG CALL
๐ต **Strike:** \$332.50
๐
**Expiry:** 2025-09-05 (Weekly)
๐ฐ **Entry Price:** \$1.28
๐ **Profit Target:** \$3.84 (200% return)
๐ **Stop Loss:** \$0.64 (50% of premium)
๐ **Size:** 1 contract
โฐ **Entry Timing:** Pre-earnings close (AMC on 2025-09-04)
**Rationale:**
* AI tailwinds & beat-and-raise history โก
* Strong call-side OI concentration at \$332.5โ\$335 ๐
* Favorable macro/tech rotation ๐
* Risk: VMware guide-down or post-earnings IV crush โ ๏ธ
**Key Levels:**
* Support: \$290โ\$300 (put OI cluster) ๐ก๏ธ
* Resistance: \$330โ\$335 (call OI cluster) ๐
**Risk/Reward:**
* Max loss: \$128
* Reward potential: \$256 โ **\~4:1 R/R ratio** ๐ฏ
* Breakeven at expiry: \$333.78
**Execution Notes:**
* Use **limit orders or algo** to reduce slippage
* Exit **by market open post-earnings** or at profit/stop targets
* IV crush expected: 30โ50% โก
**Expected Move:** \~4.8% (implied by options)
**IV Rank:** 0.65
**Signal Published:** 2025-09-04 13:47 EDT
๐ **Trading JSON (for exact execution)**
```json
{
"instrument": "AVGO",
"direction": "call",
"strike": 332.5,
"expiry": "2025-09-05",
"confidence": 76,
"profit_target": 3.84,
"stop_loss": 0.64,
"size": 1,
"entry_price": 1.28,
"entry_timing": "pre_earnings_close",
"earnings_date": "2025-09-04",
"earnings_time": "AMC",
"expected_move": 4.8,
"iv_rank": 0.65,
"signal_publish_time": "2025-09-04 13:44:50 UTC-04:00"
}
``