做空

BROADCOM faces the threat of another -30% correction.

Broadcom Inc. (AVGO) almost reached again the top of its long-term historic Channel Up, following the April - May rally on its 1W MA50 (blue trend-line). Even though that is a very strong recovery from a -31% correction, the stock turns into a long-term buy historically only after its hits its 1W MA100 (green trend-line) or its 1M RSI hits its Buy Zone.

The recent December - March correction didn't achieve either. Historically the minimum such correction that Broadcom has was -30.50%. Another such pull-back from the current levels would test at least the 1W MA100 around $310. If at the same time the 1M RSI hits 51.50, then it would be a very strong long-term buy opportunity.

---

** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ 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. **

---

💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇

TradingShot

I trade Crypto, Forex, Indices & Commodities on PrimeXBT — all from one account with TradingView charts 👉 tradingshot.short.gy/PrimeXBT

I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation

免责声明

这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。

TradingShot