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AVGO

TESLA & SMCI: the tail of Semis vs EV stocks.Tesla has had a beautiful bounce off support. This bounce comes on the back of a strong market, charging higher. If Tesla can hold above $195 it may move for the gap fill. Caution to the wind with Tesla as it has triggered a very bearish breakdown. SMCI is one of the best performing Semis. Its gone completely parabolic on its earnings. after gapping up 30% on its pre guide, its now up another 10% in the afterhours. The semis seem to have an unlimited amount of capital flowing into them. Look for an intra day short opportunity (day trade) on SMCI
NASDAQ:TSLA
by Trading-Capital
NVDA Closed at Support | SPY & QQQ Long Term Outlook Guide- NVDA closed right at support very likely testing it again tomorrow morning. - Nvidia does not have a lot of support in the gap zone so potentially more sell off if we do get into the zone. - SPY rising wedge pattern is still in play. - QQQ daily consolidation is still healthy havnt even pull back to 0.382 yet which potentially can still be a daily bull flag. - pulling back over 0.5 will start to favor the bears on the next bounce as of now we still need more proving from the bears.
NASDAQ:AVGOShort
by ArcadiaTrading
$AVGO finds a FORK on the FIBO roadBroadcom 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.
NASDAQ:AVGO
by CJCHUN