0YXG trade ideas
COOLING OFF"" AVGO IS SETTING UP FOR ANOTHER BUY POSITION! PLEASE BE PATIENT. Broadcom is currently coming down from an All Time High. after earnings call, stock price ran up 64% which gave us great returns for the last 3 days. investors are taking profits alongside fed members speeches which are also causing pullbacks.
With AVGO creating an amazing opportunity and returns in the A.I space, the company has to create a stellar performance in production for Q1 in order for market to be completely convinced on the bull run. I see great future ahead for AVGO because of the way companies are leaning towards customized chips. The AAPL partnership is also a great look for the company.
2025-2027 will be mainly about creativity, innovation, customization and social connectivity. Which is why I am bullish on the company. Amazing company with innovative Ideas and a huge market cap. They are taking the lane of A.I evolution and carving a dominating position in the ecosystem for years to come.
If they can fulfill the orders placed for the beginning of the year, Stock price shall rise to 300 by the end of Q1. If not, Q2 for sure.
BUY DIP!!
Broadcom: Breaking boundaries in Semiconductors and Software
Broadcom Inc. (Ticker AT: AVGO.US) is an American multinational company that designs, develops and supplies a broad range of semiconductor products and infrastructure software. Its solutions span markets such as data center, networking, software, broadband, wireless, storage and industrial. The company is headquartered in Palo Alto, California, and its president and CEO is Hock Tan.
In December 2024, Broadcom reached a market capitalization in excess of $1 trillion, driven by its participation in the rise of artificial intelligence (AI). This milestone positions it among the world's most valuable companies.
Broadcom's stock has recently experienced significant growth, similar to the “Nvidia moment” of 2023. The company has projected that the market for its data center AI components will reach $90 billion by 2027. However, it faces challenges in its non-AI operations and must meet high market expectations to maintain its sustained growth.
In November 2023, Broadcom completed the acquisition of VMware for $69 billion, strengthening its position in the infrastructure software sector.
On a fundamental level its results have been spectacular and if you look at the profit result, the company has obtained 51.574 million in 2024, up 44% from the previous year, with AI chips, the record revenue segment of $30.096 million, up +7%. XPU chip services and its Ethernet network server adapters grew +220% to $12.2 billion. In the fourth quarter, it earned +51% year-on-year to US$14.054 billion and in semiconductors US$8.8230 billion, +12% over 2023.
This company that dominates the custom chip market must compete in a niche where Nvidia is a notable competitor.
On the technical side, there was a bullish gap on the 12th. The evolution since that day has pierced $186.26 and trading up to a high of $251.88. In the previous sessions the price has taken a break maintaining its price at $240.23. Currently there is high overbought and high buying pressure in delta zones. We are beginning to see a reduction in volumes this week compared to last week. It is very likely that the company will continue its bullish expansion given that it is in a period of bullish expansion.
Ion Jauregui - Analyst ActivTrades
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AVGO 187 AFTER EARNINGS ?Broadcom ( NASDAQ:AVGO ) is setting the stage for a potentially explosive earnings report. With the tech sector, particularly AI, driving growth, here's why NASDAQ:AVGO might just hit $187:
Earnings Expectations: Analysts are predicting a revenue of $12.96B for the next quarter, showcasing a significant jump from last year's $8.8B. This growth trajectory is fueled by Broadcom's strategic positioning in AI and enterprise solutions.
Market Sentiment: The buzz around NASDAQ:AVGO on X is palpable. From stock split announcements to bullish analyst price targets, the sentiment is overwhelmingly positive. A recent post highlighted a potential for NASDAQ:AVGO to be the next stock hitting $200, given its performance and market conditions.
Technical Analysis: The stock's chart shows strong support above key moving averages, suggesting bullish momentum. A break above previous highs could see NASDAQ:AVGO testing new levels, with some even eyeing an all-time high of $184, which could easily extend to $187 with positive earnings news.
AI and Market Growth: Broadcom's integration of VMware and its AI segment growth are expected to contribute significantly. With AI markets projected to grow by 40% in 2024, NASDAQ:AVGO 's AI-related revenues could exceed $10 billion this year, up from $4.2 billion in 2023.
Price Targets: Rosenblatt's raised price target to $240 from $165 indicates strong confidence in Broadcom's future, driven by AI and enterprise software synergies.
CAFE CITY STUDIO NYC 2024
BROADCOM made a Top on the 2year Channel. Potential danger aheadExactly 1 month ago (November 18, see chart below) we gave the buy signal on Broadcom Inc. (AVGO), which turned out to be a big success as shortly after the stock catapulted past our $223 Target:
This time however we share with you an analysis that is calling for profit taking on this amazing rally as technically it is coming to an end. The price hit yesterday the top (Higher Highs trend-line) of the 2-year Channel Up, which has approached another 3 times during that time.
As you can see, the pattern's structured Legs and Phases are cyclical and repeat themselves. The current Top seems to be similar to the previous Highs (orange circles) that initiated the re-accumulation phases before resuming the uptrend for the final top (red circles) of the Bullish Leg.
Both of those pre-Top Highs (orange circles) and their re-accumulation phases that followed, touched the 1D MA200 (orange trend-line) before the final rally of the Bullish Leg. As a result, we won't turn bullish again on AVGO until it tests the 1D MA200 again, which given the aggression of the recent pump, the pull-back could be equally strong.
After the re-accumulation Phase is completed, we will resume our long-term bullish Target of $285.00. That represents a +121.85% rise from the August 05 2024 Low, which is the % rise that both previous Bullish Legs had.
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Stock Of The Day / 12.16.24 / AVGO12.16.2024 / NASDAQ:AVGO
Fundamentals. Second day of growth on the back of a positive earnings report.
Technical analysis.
Daily chart: Exit upwards from a six-month accumulation.
Premarket: Gap Up on increased volume.
Trading session: Strong non-pullback growth from the opening of the session to the level of 247.00. We are looking for an opportunity to join the uptrend on a pullback. The price pulled back to the level of 238.00, after which it returned and showed a clear hold of the level of 240.00. We are considering a long trade to continue the upward movement.
Trading scenario: pullback along the trend (false breakout with retest) of level 240.00
Entry: 241.10 on impulse up after holding the level at 19:30
Stop: 239.44 we hide it behind the previous higher low
Exit: Close part of the position before the high of the day 247.00. Close the rest of the position around 248.89 after an unsuccessful attempt to update higher high.
Risk Rewards: 1/4
AVGO Perfect Set Up ### 🎯 **How I Found This NASDAQ:AVGO Trade** 🎯
Combining the power of **technical analysis**, **darkpool insights**, and **fundamental strength** led me to a strong setup for **Broadcom Inc. ( NASDAQ:AVGO )**. Here’s a breakdown of the setup:
---
### **1. Technical Indicators: Reversal Signal 📉**
- I identified a **reversal signal** using key technical indicators.
- **What I Looked For**:
- A significant move **off the lows**, signaling potential buying pressure.
- Price action reclaiming key support levels or crossing above the **200-day SMA** (simple moving average).
- A confluence of reversal indicators (e.g., candlestick patterns, RSI bouncing off oversold levels, or momentum turning positive).
✅ **Why It Matters**:
The reversal signal highlights the transition from a bearish to bullish sentiment, which often attracts short-covering and fresh buying interest.
---
### **2. Darkpool Breakout 💰**
- **Darkpool Levels**: These are large institutional trades that happen off-exchange, often hidden from retail traders.
- In NASDAQ:AVGO ’s case, I noticed a **key breakout** on the chart where a large **Darkpool Premium** surfaced.
- **Premium**: $43,109,872.9+ 💰 (or a similar significant institutional trade).
- **Breakout Confirmation**: Price surged through the **Darkpool Level**, signaling **strong institutional buying**.
✅ **Why It Matters**:
Darkpool breakouts indicate **smart money** positioning for a potential move higher. When combined with bullish technicals, these levels act as **hidden support or resistance**, offering high-probability setups.
---
### **3. Fundamentals 📊**
Strong fundamentals validated the trade further, as NASDAQ:AVGO demonstrated impressive financial performance:
- **Revenue Growth**: **43.99%** 🚀
- Indicates strong top-line expansion, reflecting robust demand and business growth.
- **Free Cash Flow Margin**: **31.64%** 💵
- A high free cash flow margin reflects the company’s ability to generate substantial cash from operations, supporting reinvestment and shareholder value.
- **X-Value**: **40.22**
- Combines financial metrics (like growth and margin) into a comprehensive score that highlights the company’s overall efficiency and performance.
✅ **Why It Matters**:
Combining **strong growth** and **cash flow generation** with favorable technicals increases the probability of sustained upward price momentum.
---
### **Conclusion: Why This Trade Works** 🎯
This trade setup for NASDAQ:AVGO is a classic example of **confluence**:
- **Technical Reversal** aligns with institutional activity (Darkpool).
- **Darkpool Breakout** confirms the interest of **smart money** at critical levels.
- **Fundamentals** provide the **foundation** for a long-term bullish outlook.
By layering **technical signals**, **darkpool insights**, and **financial data**, I found a high-probability setup that aligns short-term momentum with long-term growth potential.
---
### **What To Watch For Next:**
- Continuation above **key resistance levels**.
- Sustained volume and price action around Darkpool levels.
- Monitoring macro factors and earnings to validate future growth.
---
**This setup highlights the power of combining multiple strategies for confident decision-making. 🚀📈**
#Trading #Darkpool #AVGO #TechnicalAnalysis #SmartMoney #Fundamentals #StockMarket
AVGO ...Broadcom, little bit of Debt hurt no oneStraight from the Horse's mouth...in their forward looking statement... That isnt from a company at a top or accelerating to new innovation...its one of burn out and my allegedly not at all liable hypothetical guess is exit of shares by the inside- and I dont mean C-suites...Those who they know and want out before the Fall:
"our significant indebtedness and the need to generate sufficient cash flows to service and repay such debt;"
The chart says- crackup boom like #NVDA along with debt explosion
Broadcom Inc. (AVGO) Stock Price Soars Nearly 20%Broadcom Inc. (AVGO) Stock Price Soars Nearly 20%
The chart shows that at the end of last week, Broadcom Inc. (AVGO) stock price surged nearly 20%, breaking the psychological barrier of $200 per share and pushing the company’s market capitalisation to $1 trillion.
Last week, the company released its quarterly earnings report. The actual figures were close to analysts' forecasts — earnings per share of $1.42 vs $1.39 expected and fourth-quarter revenue of $14.05 billion vs $14.07 billion expected. However, the extraordinary rise in stock price was driven by a strong market reaction to the company's optimistic forecast, which is based on robust sales of chips designed for artificial intelligence (AI) applications.
Media reports highlight that the company’s revenue growth from the AI boom reached 220% year-over-year, and the total AI chip market could reach approximately $90 billion by 2027.
Technical analysis of the AVGO chart indicates the formation of a significant bullish gap:
→ In 2024, the price formed an ascending channel (shown in blue). Now it is near its upper boundary.
→ By measuring the width of the range between $139 and $185 to set a target for price movement following its bullish breakout, the level of $233 is obtained.
If the bullish momentum continues, the AVGO stock price could rise above the upper boundary of the ascending channel (as it did in mid-June), potentially reaching the specified target. Following this sharp increase, the price might correct, possibly moving toward the area of the bullish gap.
According to TipRanks, the average price target for AVGO shares is $229. However, given the information on anticipated future earnings released last Friday, these forecasts may be revised upwards.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Broadcom (AVGO) Will Go Down - Short Setup📉 Broadcom Inc. (AVGO) – 15 Min Chart, NASDAQ
Here’s a short trade opportunity I’m monitoring:
🔹 Trade Details:
- Entry Zone: $228.06 - $231.70 (Fibonacci 1.236 - 1.382 extension)
- Stop-Loss: $237.60
- Target 1: $214.85 (0.236 Retracement)
- Target 2: $206.21 (0.382 Retracement)
- Extended Target: $192.25 (0.618 Retracement)
🔹 Technical Rationale:
- Price completed a 5-wave move (Elliott Wave structure) and shows signs of reversal at Fibonacci resistance.
- Targets align with key retracement levels.
- Risk-to-reward ratio is highly favorable.
⚠️ Always manage risk with a stop-loss at $237.60. Trade smart and stay disciplined.
$AVGO Possible Bullish setup targeting 195-210-220 Stop 163The stock in conseldation for almost 3 months . 173 is a key point, it can confirm bearish pattern with double tops or conuination for Bullish trend targeting 195-210-220 before next earning. Watching RSI signal if its keep the uptrend. below 173 , we can see 163 as support and can be sto loss for longs before it goes to 50% fib.i will take the idea of adding longs when the stock is red with stop loss at 163 . good luck!
AVGO ...Broadcom analysis with Classic CyQo-Cpyder-NestThe breakdown is as follows:
Blue trend lines are Fib channels dating from 2010- start of the stock
Yellow Lines are from August to September V bottom bounces using trend Fib extension
Pink lines are the September to December Bridge-Bow Fib channel.....
Use what you want...but be careful that this wasnt a squeeze up to try to kickstart semis a bit before the weekend...
AVGO ...Broadcom CyQo-Cpyder-Nest.. No. 1The after hours analysis for the stock and the levels hit by the recent price action. 30 min view with a lot of congestion...but compare your own work to this and trade as you will.
Will remove boxes in next post...Just there for mass conglomeration of support or resistance levels.
AVGO - 6 months CUP & HANDLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
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AVGO LOOKING BULLISH DEC 12 2024AVGO is looking very good to go long at cmp. If you do understand the risk then you can go ahead and trade. If you don't understand the risk of a breakout then you should stay out of it.
Do not trade options at all
I am long here at current price and expectation is a green candle.
AVGO is set up for a higher high after consolidating for 6 month
AVGO touched its recent lows around the $160 level on 27 Nov 2024. Since then, the stock has trended up with a slight increase in volume. With 6 Dec 2024 strong bounce with volume, the stock closed at $179.53. AVGO is close to its recent all-time high level around $185. The MACD is trending upwards with the MACD line crossing upward to the signal line. RSI is also at 63.18, higher than when the stock price tested the previous high on 7 Nov 2024. Both MACD and RSI indicate a stronger momentum for the potential breakout.
Along with good sentiment on the semiconductor industry and AVGO earnings coming out next week. I believe the current level might be a good entrance to AVGO stock. The more cautious trade should wait till the breakout is confirmed by the price going over the $185 level and retest around the $185 level to enter for favorable odds.
Broadcom’s Chart Has Some Issues Ahead of Next Week’s EarningsTech giant Broadcom NASDAQ:AVGO -- which will post fiscal Q4 earnings next Thursday (Dec. 12) -- has reacted in a volatile fashion almost immediately over the past year or so whenever the company releases results. But then it has often reversed that initial move a few days later.
What does AVGO’s technical and fundamental analysis say ahead of the latest report? Let’s check it out:
Broadcom’s Fundamental Analysis
As I write this, Wall Street’s consensus estimate for AVGO’s results is calling for $1.39 of adjusted earnings per share, $0.70 in GAAP EPS and $14.1 billion of revenues.
That would represent a 25% gain from the $1.11 in adjusted earnings per share that Broadcom posted in the same quarter last year, along with a 51% year-over-year rise in revenues.
If those estimates hold true, Broadcom’s latest results would represent the company’s fourth consecutive quarter of large year-on-year sales growth.
In fact, about two thirds of analysts tracking Broadcom have increased their estimates for the firms' upcoming results since the quarter began.
But looking ahead, the Street is expecting such gains to diminish rapidly -- perhaps as soon as the company’s current quarter.
For the next three fiscal quarters, analysts’ consensus estimates for year-over-year revenue growth are running at roughly 22%, 17% and 17%, respectively.
Yet so far, Broadcom has been a cash-flow beast. Over the trailing 12 months ended Aug. 4, AVGO generated $19.2 billion of operating cash flow, out of which came just $531 million of capital expenditures (or “capex”).
That left $18.7 billion of 12-month free cash flow. Out of that number, the firm repurchased $11.8 billion of common stock. Broadcom also dished out $9.2 billion of cash dividends to shareholders.
It’s interesting that the firm’s capital return to shareholders (some $21 billion of dividends and stock repurchases) actually exceeded Broadcom’s huge free cash flow.
Looking at the stock’s balance sheet, Broadcom ran a $10 billion cash position and $1.9 billion of inventories as of Aug. 4, with total current assets at $19.9 billion.
Meanwhile, current liabilities added up to $19.2 billion -- including $3.1 billion of shorter-term debt and $9.8 billion of unearned revenue.
True, this technically put the firm's current ratio at 1.04, which would barely pass muster for many investors. However, once we adjust AVGO’s balance sheet for those $9.8 billion deferred revenues (which many investors don’t consider “true” liabilities), the current ratio rises to a much more comfortable 2.11.
Still, the company’s balance sheet has other potential issues if we dig a little deeper.
For example, Broadcom’s total assets amount to $168 billion, but that includes $140.9 billion of goodwill and other intangibles -- 84% of the total. That's very high by Wall Street standards.
Separately, total liabilities less equity came to $102.3 billion. That includes $66.8 billion of long-term debt, which looks a bit heavy relative to the company’s cash position.
All in, the fundamentals tell me investors might approach this stock with a certain level of caution.
Broadcom’s Technical Analysis
Here’s AVGO’s chart since early 2024, which also says “buyer beware” in some ways:
Readers will see that the stock has formed a large “double-top reversal” pattern, as denoted by the two pyramids shaded in red. This is traditionally a pattern of bearish reversal.
AVGO’s double-top has a $128 pivot point (the nadir between the two pyramids’ peaks).
Since forming this pattern, Broadcom has moved sideways of late -- but neither created a new top nor tested the double top’s $128 low. So, the pattern looks like it’s still valid. Again, that could be a bearish sign.
Meanwhile, readers will also see that in November, Broadcom’s 21-day Exponential Moving Average (or “EMA,” denoted with a green line above) crossed below the stock’s 50-day Simple Moving Average (or “SMA,” marked with a blue line).
This is a signal that veteran swing traders sometimes to get out of or avoid long-side trades. (Other swing traders use shorter moving averages.)
Still, note that Broadcom’s Relative Strength Index (the gray line at the chart’s top) is almost perfectly neutral.
Meanwhile, the stock’s daily Moving Average Convergence Divergence indicator (or “MACD,” denoted by black and gold lines and blue bars at the chart’s bottom) has improved, but isn’t really positive just yet.
Within that MACD, the histogram of Broadcom’s 9-day EMA (marked blue bars) has crossed above zero. That’s historically a positive sign.
The stock’s 12-day EMA (the black line) has similarly crossed above the 26-day EMA (the gold line). That’s also typically positive.
However, both the 12- and 26-day EMAs are still below zero – a potentially negative sign. In fact, some traders consider that reason enough alone to avoid longer-term trades in a stock with such a reading.
All in all, I personally think there are enough concerns to show caution with Broadcom going into next week’s earnings report. Personally, I have no position in the stock.
(Stephen “Sarge” Guilfoyle is Moomoo Technologies Inc.’s markets commentator.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material.
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Long AVGO at 170.38 - shooting for 1% a day on a quick flipAVGO is holding just above a decent support around 167.5 as part of an ascending trangle-ish pattern (if you squint really hard). Longer term, the trend is solidly positive.
In the end, though, for me, it's about it being short term oversold. In the last 12 months, when my algo signals oversold, here's what happened:
25 wins - 2 "losses" (the last 2 days)
Avg gain = +1.83%
Avg holding period = 2.09 days
That's an annualized per lot traded/per day held return of just under 221%. So you see why I'm interested.
I'll add new lots at the close any time it's oversold until the entire position is closed. I will close any lot as soon as it becomes end of day profitable.
OK let's AVGOOOOOOOOOOOO
Ignore the original lot line at 170.45. That should be at 170.38 and I'm not redoing the whole post for that😤