AVGO earnings report: AVGO Q2 earnings surpass estimates Q2 quarterly report represents an earnings surprise of 0.77%. A quarter ago, it was expected that this chipmaker would post earnings of $5.19 per share when it actually produced earnings of $5.55, delivering a surprise of 6.94%. Over the last four quarters, the company has surpassed consensus EPS...
We are currently sitting on the original kick-off line dating back to 1993. This line may provide the support for an eventual move towards the 2000 ATH of 98+
The overall structure is a ABC correction up Within C we have 5 other waves The 5th wave is either going to end at the 2: or 2.272, trend based fib extension, which makes 269-270 a very good short opportunity. (Within the red box)
We heard a rumor that at least two to three large chip companies approached Micron about a takeover. Is the rumor true, we are trying to find out. We can say this, after looking at the stocks / P/E's of lesser public companies, in the computer / technology industries and other industries, and then looking at the price of Micron, if the company is not purchased...
The price is below the 30MM from two weeks ago. But, maybe it's a phase 1 with a clear resistance. What do you think?
The old adage , buy rosh hashana SELL yom kippur, couldn't come at a more perfect time. Even the veterans on wall street like ART CASHIN stated that rosh hashanah buying began earlier than expected. That's bad news for anyone that held AMD. Why? well, for one, markets gone down in general so not good, second, AMD just had an incredible parabolic run and what did...
$AVGO Swing trade idea - Nice gap since two days, now its holding 100SMA. Let's wait if it tries to catch 20SMA in next two days. Then our limit price will get triggered.
Looking at what's left of the trading week post-Labor Day ... . AVGO (announcing earnings on Thursday after market close) is the only fairly liquid underlying that interests me for an earnings-related volatility contraction play (rank 57/30-day 37). The 63% probability of profit Sept 21st 200/205/235/240 iron condor pictured here is preliminarily going for 1.65...
Okay, so I must say that I'd started a post and it got lost, so I'm going to condense this one out of frustration and for the sake of brevity. Technicals - This weekly chart shows that shares broke their upward sloping trend line (white line), and it also experienced a bearish breakdown of the R.S.I. (yellow circle). The MACD also confirms this bearish trend....
I'm new to this, but it seems to me that today AVG formed a H&S. If it breaks the 239, then probably will go down to ~223 on this H&S pattern. lets wait and see
The pink line represents long term trend and the green one a resistance that, if crossed, can signal a bullish trend. Moreover, the company just moved its fiscal domicile a few days ago to the US, so a new attempt of taking over Qualcomm is likely (this time it won't encounter president Trump's opposition). Feel free to comment and share your opinion.
AVGO covering the gap. Target around 251.93. Second one at 237.37. Have a Good Trading Week, Learn how to beat the market as Professional Trader with an ex-insider! Cream Live Trading, Best Regards!
CHART TIMEFRAME: DAILY PATTERN : BROADENING WEDGE Details as described on the chart. DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
B.W. broken. Targets of the formation are described on the chart DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
This is a long-term weekly chart on QCOM which completed an extended ABCD at the $81 level on Jul'2014. Currently trading near the top of a pennant formation with a clearly defined stop-loss level (ie. upper bound of pennant) with a huge potential if QCOM does break down and start a continuation CD leg to $32. This is a company fighting with its major customer...
AVGO is breaking down from a H&S formation. Moneyflow is going down sharp. It looks pretty good quick short setup. * Trade Criteria * Date First Found- June 27, 2017 Pattern/Why- H&S formation Entry Target Criteria- Break of $234.87 Exit Target Criteria- $223.23 Stop Loss Criteria- $241.23 Please check back for Trade updates. (Note: Trade update is little...