moves to 250 breaking the previous highOscillators are not ready to reset, not OB or OS, but more neutral. The only chart pattern is the higher lows, but a squeeze is coming in even though the histogram is fizzling out, I am an avid supporter of 246-250 based on indicators. Longby themoneyman801
AVGO: Buy ideaBuy idea on AVGO if only if we have the breakout with force the vwap indicator and the resistance line by a big green candle follow by a large green volume.Longby PAZINI192
Broadcom - This Chart Tells Us Everything!Broadcom ( NASDAQ:AVGO ) is retesting massive resistance: Click chart above to see the detailed analysis๐๐ป For roughly a decade, Broadcom has been trading in a quite obvious rising channel pattern, perfectly rejecting the lower support trendline back in the end of 2022. After the recent rally of more than +200%, it is quite likely that we will now see a substantial move lower from here. Levels to watch: $250, $150 Keep your long term vision, Philip (BasicTrading)Short03:52by basictradingtvUpdated 6643
AVGO: mid-term trend structure If price is to hold above 209-198 area of support, next resistance zones are: 287-303 and 320-330-360. Macro trend structure also assumes higher targets for the uptrend since 2022 bottom (Monthly): Thank you for your attention! Longby artemfedorov1
Broadcom Inc. (AVGO): Bearish Momentum Near Resistance๐ฅ Potential Price Targets (Next Month): ๐ฉธ Near-term Goal: $220.00 ๐ฉธ Long-term Goal: $215.00 ๐ฅ LucanInvestorโs Strategy: ๐ฉธ Long: Above $231.20, targeting $240.00 and $250.00. Bullish confirmation needed with stronger volume. ๐ฉธ Short: Below $229.31, aiming for $220.00 and $215.00. Weak MACD and declining volume suggest a bearish continuation. ๐ฅ LucanInvestorโs Commands: ๐ฉธ Resistance: $231.20 โ A breakout is unlikely without strong buying pressure. ๐ฉธ Support: $229.31 โ A breakdown could confirm further downside toward $220.00. Analysis: Broadcom faces mounting bearish pressure near $231.20. With MACD signaling weakness and volume declining, traders should be cautious of a potential breakdown below $229.31. Watch for downside opportunities if support fails. ๐ "The market rewards clarity, not hesitation." โ LucanInvestorby LucanInvestor1
$AVGO downside potential target $220.Multiple time frames it gives me downside vibes. Not sure how quick the move will come or be, I expect $220 then break into the $217 support. Short term puts here. May give it a go Friday / Friday into close. Will keep eyes on the development of time frames Friday. WSLShortby wallstreetloser0013
9/5/24 - $avgo - long print at $1559/5/24 :: VROCKSTAR :: NASDAQ:AVGO long print at $155 - 7/10 idea. so for me that's small position - 30x PE on name that's growing 20's: reasonable - my fourth tier name after NYSE:TSM > NASDAQ:NVDA > NASDAQ:ASML > NASDAQ:AVGO - i literally own NO semi's rn outside of some AMEX:SOXL C's that are more managing exposure, book, length etc, and you'll never catch me writing about. i'm not a tik-sht-er. what you see is what you get. if you're old enough to get it... WYSIWYG culture here :) - if you look at $AVGO/ NASDAQ:SMH you'll see this is a "wanted" name. it's defn an AI play. it doesn't have such a cult following as $NVDA. it's an outperformer tho. - tough tape - per my comment on OTC:GDLC becoming a 50% position today i'm making a risk-on bet into tmr's """job's report""". that being said... - 2.5% fcf gen. great growth. good product. capable mgmt. not cheap. but you get what you pay for. and software is becoming more commoditized by the day. cursor is a-maz-ing. so we'll need to come back to the B2B names with a more critical eye in rest of '24 and 2025. but semi's can't be made in a terminal laboratory and the scale is just that. moat for now. - so i like this one. i'm not necking out. but i'm long. might be calls ;) lmk if you see it differently. i enjoy the comments! VLongby VROCKSTARUpdated 6
AVGO Gann Fan NASDAQ:AVGO Buying at every open on these green candles marked with the "arrows" Led to a nice ride to consistent new highs. Each candle bounces from the trend line as well. Comment what you think about this chart. Comment any tips or suggestions. NASDAQ:AVGO Longby ChartValue0
Avgo .. Broadcom, elevator up, but taking stairs down?A more in depth look at local lines and trends for Maddy50 who asked about 185 potential. Well if everything else is falling and this darling likes to stay up, then taking the elevator down will crack many of those fib channel lines and end you at the triple top, and initial breakthrough line at 185. While I already bought shorts , ticker AVS, on here on the 18th....you are free to do what you want and by your own opinion. But think this through....everything that uses Broadcom isn't selling...put your AI dreams aside and lets check into today reality: Apple isn't selling anything...neither is Samsung. Your laptops are basically dead as colleges are watching enrollment drop and the idea of handheld devices costing less than say 4-500 dollars is starting to become history...why should this stay up. You can cook the books so well that even Enron will ask what lovely scent of money you got brewing...but you do go down by the exponent of the lies you led or on the speculative growth you guided. So basically.. that's just a thought...I don't really care once my shorts are in...reality will tell you when to sell when all is settled. But at a high, you can't find anyone selling and people fabricating every way for you to think the good idea is to buy? Last thing....Lets think... You have to double that (AI)levator to double your money if Broadcom and the apple and NVidias of this world are to net you double the money.... So what is the next best thing that physics hasn't shown is a scam or a few too many mirrors and slight of hand cant fake?? Think about it people. by CYQOTEK0
AVGO Formed a PENNANT Pattern After Strong EarningsAVGO looks like to have been forming a pennant pattern over the last 2 weeks, following the strong earnings report and price blowout. This is a text book example of the pattern, covering the visual figure and volume drying up, potential new breakout and new ATH coming?Longby Lachone1
AVGO ... Broadcom update on levels from 2010-2024Simple and self explanatory view of the speed fan Fib that is both useful for seeing Log and non-Log levels for upside...but way more likely downside.by CYQOTEK220
Broadcom Inc. (AVGO) โ Should DUMP SoonHi Traders! ๐ Letโs take a closer look at Broadcom Inc. (NASDAQ: AVGO) on the 15-minute timeframe. The chart showcases a compelling Elliott Wave structure, coupled with key Fibonacci retracement and extension levels to guide potential trade opportunities. Elliott Wave Analysis: - Wave (1)-(5): A completed impulsive structure followed by a corrective ABC wave pattern. - Wave B Resistance Zone: Price is currently consolidating near a significant resistance level, setting up for a potential reversal into wave C. Key Fibonacci Levels: Wave B Resistance: - 1.236โ1.618 Extensions: $246.61โ$248.46 (key reversal area). - Stop-Loss: Above $246.98 to invalidate the bearish setup. Wave C Target: - 1.0 Extension of Wave A: $234.02 โ expected target for the next leg lower. Potential Scenarios: - Bearish Reversal: A rejection at $246.61โ$248.46 aligns with the start of wave C, targeting $234.02. - Bullish Invalidation: A sustained break above $248.46 could lead to further bullish momentum. Trade Idea: - Entry: Around $246โ$247 after confirmation of rejection. - Stop-Loss: Above $248.46 for risk management. - Take-Profit: $234.02, offering a favorable risk/reward ratio. Market Context: Broadcomโs recent price action reflects heightened volatility, providing opportunities for short-term traders. This setup combines Elliott Wave precision and Fibonacci retracements for structured trade planning. Always trade with a proper risk strategy. ๐ Let me know if you'd like additional insights or adjustments! Happy trading! ๐Shortby MrStockWhale2
Microsoftโs Next Move: Key Levels to Watch๐ฅ LucanInvestorโs Commands: ๐ฉธ Resistance: $433.50. A breakout above this level targets $440 and $445, backed by potential recovery in bullish sentiment. ๐ฉธ Support: $430.00. A breakdown exposes $425 and $420, signaling further bearish control. ๐ฅ LucanInvestorโs Strategy: ๐ฉธ Long: Above $433.50, aiming for $440 and $445. Bulls must show strength with higher volume to sustain the move. ๐ฉธ Short: Below $430.00, targeting $425 and $420. Increased selling pressure will accelerate the decline. ๐ฉธ Microsoftโs MACD remains bearish, with price testing its EMA levels for a potential recovery. Strong buying volume near $433.50 will confirm a bullish breakout, while weakness below $430 will keep bears in control. Current performance (-0.60% for the week) reflects indecision, making these levels critical for the next major move. ๐ "Patience is the weapon of the wise. Precision is their victory." โ LucanInvestorby LucanInvestor1
Nvidia or Broadcom? Who will be the winner ? How big is the custom chip market? By 2027, the custom chip market is expected to reach $90 billion. What does this mean for Nvidia? Nvidia vs. Custom Chips In the custom chip (ASIC) sector, two major players, Broadcom ( NASDAQ:AVGO ) and Marvell ( NASDAQ:MRVL ), have overshadowed Nvidia. Since the end of Q2, they have outperformed the tech giant by approximately 30% and 50%, respectively. With tech giants like Amazon ( NASDAQ:AMZN ), Google ( NASDAQ:GOOGL ), and Microsoft ( NASDAQ:MSFT ) developing and accelerating the production of their own chips, the market has finally recognized the huge opportunities in custom chips. How big is the custom chip market? Based on comments from the two leading custom chip players, we estimate that by 2027, the custom chip market will grow to $90 billion, with a compound annual growth rate (CAGR) of over 60%. Earlier this year, Marvell offered a more conservative forecast, predicting that the market will reach $75 billion by 2028, but with early customer growth suggesting further upside potential. Broadcomโs forecast is even more impressive, estimating the market could reach anywhere from $60 billion to $90 billion by 2027. Both companies have strong platforms. Marvellโs biggest customers are Amazon and Microsoft, and after gaining deeper insight into their growth, they suggest Marvellโs market prediction might be conservative. Broadcomโs top clients include Google, Meta, and ByteDance, all of whom plan to shift to clusters of one million XPU units by FY2027. Reports also suggest that Broadcom has secured two additional customers (potentially Apple and OpenAI). What does this mean for Nvidia? Nvidiaโs stock price is currently consolidating, and even when using enterprise value (EV)/EBITDA as a metric, its valuation is now below that of Marvell and Broadcom. Source: Bloomberg,Spear Invest Investors now expect Nvidiaโs market share to significantly decline by 2027, leading to slower revenue growth. However, the market has underestimated two key factors: The strength of CUDA. The yearly product improvement cycle. I believe CUDA holds a powerful advantage that will reduce the pressure on cloud service providers (CSPs) to promote custom chips at scale. Given that the cloud market accounts for about 50% of the total market, I believe that capturing half of this market between 2027 and 2030 would be a major win for custom chip providers. Currently, the market assumes, based on comments from Broadcomโs CEO, that most CSP revenue will flow to custom chip vendors, but Broadcomโs assumption may be overly optimistic. Furthermore, whether custom chips can keep up with Nvidiaโs yearly product launch cycle remains to be seenโNvidiaโs new products consistently show significant performance improvements with each generation. Our best estimate is that Nvidiaโs competitors are still on an innovation cycle of about 1 to 2 years behind Nvidia. Source: Bloomberg,Spear Invest Nonetheless, the AI industry chain, especially in the medium to long term, will continue to benefit. For example, AI + Generative Content (AIGC) companies like Adobe ( NASDAQ:ADBE ) and Unity Software ( NYSE:U ), AI + Software companies like Palantir ( NASDAQ:PLTR ), AI + Insurance companies like AIX Inc. ( NASDAQ:AIFU ), and AI + Financial companies like Block ( NYSE:SQ ) will all benefit. Longby xugina782
AVGO Broadcom Options Ahead of EarningsIf you haven`t bought the dip on AVGO: Now analyzing the options chain and the chart patterns of AVGO Broadcom prior to the earnings report this week, I would consider purchasing the 175usd strike price Calls with an expiration date of 2025-2-21, for a premium of approximately $12.00. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Longby TopgOptionsUpdated 2210
$AVGO Buy Entry? NASDAQ:AVGO is having a short-term pullback in an overall bullish market. Personally, I think it may be supported by the high volume candle area, and start a new rally after a sideway movement. So keep an eye on it, the buy entry is coming soon.Longby xugina781
AVGO: Chronological Hierarchy of FractalsBasis of Scalable Structure (Systematic): Marking Chronological Hierarchy of Fractals Overall Fib Mapping: Level I: Level II: Level III: ext II Level IV: Level V & VI by fract228
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!! Longby ajacks92110
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 โNvidia momentโ 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 ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk. Longby ActivTrades3
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 Longby NYRUNSGLOBALUpdated 2
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. ------------------------------------------------------------------------------- ** Please LIKE ๐, FOLLOW โ , SHARE ๐ and COMMENT โ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ ๐ ๐ ๐ ๐ ๐ ๐by TradingShot6654
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: 1/4Longby AlexX310
AVGO Perfect Set Up ### ๐ฏ **How I Found This NASDAQ:AVGO Trade** ๐ฏ Combining the power of **technical analysis**, **darkpool insights**, and **fundamental strength** led me to a strong setup for **Broadcom Inc. ( NASDAQ:AVGO )**. Hereโs a breakdown of the setup: --- ### **1. Technical Indicators: Reversal Signal ๐** - 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). โ **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 ๐ฐ** - **Darkpool Levels**: These are large institutional trades that happen off-exchange, often hidden from retail traders. - In NASDAQ:AVGO โs case, I noticed a **key breakout** on the chart where a large **Darkpool Premium** surfaced. - **Premium**: $43,109,872.9+ ๐ฐ (or a similar significant institutional trade). - **Breakout Confirmation**: Price surged through the **Darkpool Level**, signaling **strong institutional buying**. โ **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 ๐** Strong fundamentals validated the trade further, as NASDAQ:AVGO demonstrated impressive financial performance: - **Revenue Growth**: **43.99%** ๐ - Indicates strong top-line expansion, reflecting robust demand and business growth. - **Free Cash Flow Margin**: **31.64%** ๐ต - A high free cash flow margin reflects the companyโs 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 companyโs overall efficiency and performance. โ **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** ๐ฏ 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. ๐๐** #Trading #Darkpool #AVGO #TechnicalAnalysis #SmartMoney #Fundamentals #StockMarketby punit0529113