Broadcom - This was just the first all time high!

Broadcom - AVGO - just created new highs:

(click chart above to see the in depth analysis👆🏻)

Over the course of the past three months, Broadcom has been rallying an impressive +80%. However looking at market structure, all of the previous "dump and pump" was not unexpected. Following this recent bullish strength, Broadcom is likely to channel a lot higher.

Levels to watch: $250, $400

Keep your long term vision!
Philip (BasicTrading)

Trade active

Broadcom - AVGO - just created new highs:

(click chart above to see the in depth analysis👆🏻)

Just this month we saw the expected creation of new all time highs. Therefore Broadcom shows some clear signs of bullish domination. It is quite likely that this won't stop any time soon. But Broadcom still deals with a major upper resistance trendline.

Levels to watch: $250, $400

Keep your long term vision🙏🙏
Philip (BasicTrading)

Trade closed: target reached

💻Broadcom AVGO hit the target:

🔎Analysis summary:

This month Broadcom is up another +11%, following two back to back green months. We witnessed a rally of almost +100% over the past three months, following a major support retest. Quite likely that Broadcom creates a short term pullback next.

📝Levels to watch:

$25.0

🙏🏻#LONGTERMVISION
Philip - Swing Trader

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basictradingtv

SwingTrading.Simplified.

Free: SwingTrading-Academy👇🏻
discord.gg/jgdrYXwqyD

#LONGTERMVISION

Also on: