$AVGO finds a FORK on the FIBO road
Broadcom comes to an interesting fork on the road.
Friday, like many semi's, was breaking down from it's upward trend.
I'd like to see it bounce off of FIBO retracement and continue going up. Buy signal with 8 confirmations should pop up.
If it breaks support, I see it going all the way down to 420--hopefully I'm so wrong!
The good news is that POC is around the 418-422 range, so it'll take some major new event to break further down.
Happy Trading, from CJ -- aka the greatest FURU.
To find out more about The Ultimate Stock Indicator on Tradingview, please check my public profile.
Friday, like many semi's, was breaking down from it's upward trend.
I'd like to see it bounce off of FIBO retracement and continue going up. Buy signal with 8 confirmations should pop up.
If it breaks support, I see it going all the way down to 420--hopefully I'm so wrong!
The good news is that POC is around the 418-422 range, so it'll take some major new event to break further down.
Happy Trading, from CJ -- aka the greatest FURU.
To find out more about The Ultimate Stock Indicator on Tradingview, please check my public profile.
Indicator Pro, U don't have to watch the screen all day. For more info, DM on Discord or Telegram t.me/CJtheFP
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