I thought AVGO already broke through the neckline this morning, but now it's looking like we are right on it, depending on how you draw it. I think we're on it though.
AVGO has been extraordinarily weak, as far as Mag7 go.
META, MSFT, AAPL, also very weak.
I'm not buying puts on this currently, but a clear break of that neckline is compelling. Downside exposure is at least 10-15%.
AVGO has been extraordinarily weak, as far as Mag7 go.
META, MSFT, AAPL, also very weak.
I'm not buying puts on this currently, but a clear break of that neckline is compelling. Downside exposure is at least 10-15%.
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