Broadcom Inc.
Short

AVGO next move

772
White fib from 2024 hit all targets,Yellow fib for 2025.
Green box is an accumulation once exceeds 2024 last target 335 i see a distribution under 414 which is 3rd target for 2025 and form a disjoint channel
Also i see a strong selling area 360-370 last friday was a rejection.
MACD went to the negative zone could lead to area 309-240.
If selling area keep controlled by bears then can't hold for longer.
it's healthy for next target area 518-583

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.