Broadcom to pullback

Updated
  1. Significantly overbought.
  2. Has hit the top of the LuxAlgo
  3. Other indicators appear to be cresting, increasing the likelihood of a trend reversal
  4. Price targets $633, $592, and then maybe $565


Should begin to play out in the next week or two.
Note
Totally wrong with this one. Exited before fully DCA'd in with a stop loss.
Beyond Technical Analysis

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