AVGOCL trade ideas
$AVGO with a slight bearish outlook The PEAD projected a slight bearish outlook for $AVGO after a negative over reaction following its earnings release placing the stock in Drift C
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AVGO - Broadcom Inc. buy support zonesHello traders,
Description of the analysis:
Broadcom Inc. ( AVGO ) support zones where it makes sense to time long positions. A possible correction could provide a shopping opportunity in interesting volume zones. It is definitely worth following further developments. The thickness of the support zone reflects the importance of this zone. Red lines are fair prices by volume .
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (over $4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
The trend is your friend until the end.... AVGOUpside potential to 472 but then trade out... earnings and dividend make for a good trade with stock... optionable intraday
AVGO - Short & Long PossibilityAVGO
Waiting a day or two to see candle behaviors. This chart anticipates a short play.
Broadcom has support above the 21d EMAAVGO briefly dipped below its 21d EMA, but is back above and trading with a fairly tight ATR. Buy Point could be a break back above the high of 10/13 at 387.80. Or more aggressively enter with a quarter or half position at Thursdays high. Use the 10d ATR stop of 9.03% which is above the lower support area.
Buy Point: 387.80
Stop Loss: 9.03% (352.78)
Position Size: R11.08 (Full position)
Broadcom Should Break Out SoonNASDAQ:AVGO is repeating the same pattern from 2 months ago before it broke out. Look for entries near trend line supports or on a break out. Support and resistance levels are clearly marked via the trend lines. Also, when the ADX crosses bullish it will be an extra long indicator.
AVGO bullflag to hgihsSolid company with lots of buying power behind it. The name can move pretty quickly when set up right. Clean formation and the SMA winding is looking primed for a move higher late this week or early next week.
Cup and HandleAVGO is past long entry level for C&H pattern
Possible Rising wedge. Rising wedges at the top are often bearish but not always.
Symmtrical triangle forming and can break up or down.
Broke up from an ascending triangle at 336ish
NV is high
Not a recommendation
$AVGO Broadcom on Alert for Breakout
Whether you believe in TA or not it is hard to deny the significance of this ascending parallel channel,
The stock is now just below midpoint and until it crosses we believe there is to much risk for a long entry.
Alert set on horizontal resistance @ $372 where it can be considered for entry.
Indicators are turning quite Bullish so best wait for a great entry rather than a risky one.
AVGO Long set upGood company with over 3.5% dividend. Growth stock. Retesting the breakout are. I think it's a good buy there. I will watch to add some there for a long term growth and earn yield. This is not a recommendation to buy or sell any financial asset. These posts are for educational purposes only. Please do your own homework before purchasing any assets.
AVGO LONGAVGO LONG
Futures green right now so tomorrow might be gap up and target 343 to 347 by weekend.
AVGO Go Go!BROADCOM just broke out to new all time highs, launched from an ascending triangle... I like!
Earnings call on Sept 3rd may move it further... Relatively late to the tech party but never too late.
AVGO: TriangleTriangle
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