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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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.