AVGO Did a couple puts here hope it does me good.Community discussions
AVGO Did a couple puts here hope it does me good.
AVGO When it’ll start its correction?
AVGO dude AVGO needs to be a mag name, I friggin love this stock bruh. Broadcom is literally the definition of that STONKS meme 📈
AVGO what a day! The king of market NVDA was struggling to find the bottom in such a big Green Day, we got this thing skyrocketed almost 13%, yes over 3 weeks consolidate but one day to make it all back! New ATH within tmr is totally doable! Go go the new king!
AVGO Is this thing reaching its peak? what r we looking at here
AVGO The chart's showing a classic LSMA (Least Squares Moving Average) pullback - our favorite setup for catching the next wave up! Think of it like a rubber band being pulled back... ready to snap forward with force! 💪Technical Confirmation:
✅ Bullish structure intact
✅ LSMA providing dynamic support
✅ Pullback creating optimal entry zone
✅ Risk/reward looking chef's kiss 👌
🎭 THE THIEF'S GAME PLAN (Layering Strategy)
🚪 Entry Zones - The Multi-Layer Approach
We're using the "Thief Strategy" - multiple limit orders stacked like a perfect heist plan:
Suggested Entry Layers:
🎯 Layer 1: $340
🎯 Layer 2: $350
🎯 Layer 3: $360
You can add more layers based on your position sizing and risk appetite!
Why layering? Because we don't know exactly where the bounce happens, so we spread our bets like a pro! 🎰
🛡️ Risk Management - Don't Get Caught!
⛔ Stop Loss: $311.00
⚠️ IMPORTANT DISCLAIMER:
Dear Thief OGs 🎩 - This is MY stop loss level based on technical structure. YOU should set YOUR OWN stop loss based on:
Your risk tolerance
Your account size
Your trading plan
Your money, your rules. Trade at your own risk! ⚖️
🎯 Target Zone - The Vault Location
💎 Take Profit Target: $420
Why $420?
🚧 Strong resistance zone ahead (the "police barricade")
📈 Overbought conditions likely
🪤 Potential bull trap territory
Smart Move: Scale out as you approach! Don't get greedy - take profits along the way! 💵
⚠️ ANOTHER REMINDER:
This is MY target. You're the boss of your own trades! Take profits when YOU feel comfortable. No one went broke taking profits! 🤑
🔗 Related Tickers to Watch (Correlation Play)
Keep your eyes on these semiconductor sector plays - they often move together:
💻 NVDA (NVIDIA) - Chip leader, sets sector sentiment
🖥️ AMD (Advanced Micro Devices) - Direct comp, similar chart patterns
🔌 QCOM (Qualcomm) - 5G/mobile chip correlation
📱
AMAT (Applied Materials) - Semiconductor equipment, supply chain indicator⚡ SMH (VanEck Semiconductor ETF) - Overall sector gauge
Why watch these? Sector rotation and sympathy plays! If AVGO moves, these buddies often follow! 🚀
AVGO Anyone else seeing a H&S just like NVDA? Not coincidental.AVGO this is crazy lol just zoomed out 140 to 375 in a year is insane what a run
AVGO outlandish pump.
AVGO interesting that this is green today when most semis are red.