AVGO Head & Shoulders may have just broken.
To be clear, we did break the neckline, but you always want to see that follow-thru. That would be this coming week. If bearish momentum continues through this week, and on decent volume, we will most likely see 235-240 before finding support.
(Not investment advice)
Comment and boost if you like it.
Thanks everyone!
To be clear, we did break the neckline, but you always want to see that follow-thru. That would be this coming week. If bearish momentum continues through this week, and on decent volume, we will most likely see 235-240 before finding support.
(Not investment advice)
Comment and boost if you like it.
Thanks everyone!
Note
I'm not loving the rally back up to the neckline we saw today.Today's volume was really low, but if we close even higher tomorrow then I might have to reassess the targets.
I did buy AVGO puts today however, because I personally think the rally today was just FOMO.
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.