Broadcominc — Trading Ideas on TradingView

Steal the Breakout: Broadcom Bulls Are In!💎🔓 "Broadcom Break-In: Bullish Vault Raid in Progress!" 🔓💎 🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Market Robbers 🤑💰✈️, It’s time for a high-stakes raid on BROADCOM, INC (AVGO) — all based on our secret Thief Trading Strategy™, combining sharp technicals & a sniff of fundamentals. 🕵️‍♂️ Mission Brief: Our target is the Bullish Vault – a swing/day trade play with upside momentum. The chart reveals a possible trap at overbought zones where unsuspecting bears get lured in... and we walk out rich! 😏💸 🎯 The Heist Blueprint: 📥 Entry (Buy-In Point): 🚪 “The vault’s open – grab the bullish bags!” Swipe any bullish setup on the 15m/30m timeframe Ideal: Buy Limit near recent swing low (support levels) 📳 Set alerts to stay ready – we rob smart, not fast 🛑 Stop-Loss (Escape Plan): Place SL below recent 30m swing low — approx. 269.00 Adjust by your lot size & number of trades Don't risk the whole bag – we ain't greedy thieves 😈 📈 Target (Take-Profit Point): 🎯 First Exit Zone: 296.00 💨 Or vanish before the cops (market reversal) arrive 🧲 Scalpers’ Secret: Only scalp long – don’t fight the bullish flow Got big capital? Enter early. Small bag? Join the swing crew Use Trailing SL to guard your stolen gains 🏦🔐 💡 Behind the Heist: AVGO is showing bullishness thanks to: 📰 Macro Drivers • COT Reports • Institutional Bias 📊 Sentiment Analysis • Index Correlations 💥 Geopolitical Developments – Always stay updated 🔎 Want more intel? Dive into the news, fundamentals, & positioning data that power this trade idea 💣 ⚠️ Trade Smart, Thieves: 📛 News events cause chaos – avoid fresh entries during releases 📉 Use trailing stops to secure your loot & dodge slippage 💖 Like the Heist Plan? Hit Boost! Let’s build the most notorious money-making crew on TradingView! 🚀 Daily gains using the Thief Style™ – not for the faint-hearted. 🔒 Stay sharp, trade like a phantom, and keep stacking that digital cash! 💬 Drop a comment if you’re in the gang – another plan’s coming soon! 🤑🐱‍👤 📌 Note: This is a general market analysis. Do your own due diligence before risking real capital. 📌 Stay updated — the market changes fast. Adapt or get trapped.

Broadcom (AVGO) Stock Price Rose by Approximately 25% in May Broadcom (AVGO) Stock Price Rose by Approximately 25% in May According to available data: → AVGO's closing price on 30th April was $192.42 → The closing price on 30th May was $241.59 The 25% increase in Broadcom (AVGO) stock price made it one of the leaders in the market. For comparison, the S&P 500 index (US SPX 500 mini on FXOpen) rose just over 6%. Why is the AVGO stock price rising? Among the bullish factors contributing to the growth of Broadcom (AVGO) stocks in May were: → Growing demand for AI infrastructure. This stimulates demand for Broadcom’s products—such as high-performance networking chips, which are critical for building and scaling data centres for AI. → Positive news related to the successful integration of the previously acquired company VMware into Broadcom's business. → Optimism ahead of Broadcom’s quarterly earnings report, scheduled for 5th June. Technical Analysis of AVGO Stock Chart Price movements in May formed an ascending channel (shown in blue). From a bearish perspective: AVGO stock has risen to the psychological level of $250, which has acted as resistance since December 2024. Additionally, the strong rally in May may motivate some investors to sell previously purchased shares to lock in potential profits. From a bullish perspective: → The price is in the upper half of the channel, which confirms strong demand. → A bullish gap highlighted a buyer-favoured imbalance around the $215 level. Technically, it would be reasonable to expect a corrective move from the $250 resistance deeper into the ascending channel. However, considering the upcoming earnings report—which often triggers volatility—the bulls could attempt to break through the $250 level and set a new all-time high. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

BROADCOM made a Top on the 2year Channel. Potential danger ahead Exactly 1 month ago (November 18, see chart below) we gave the buy signal on Broadcom Inc. (AVGO), which turned out to be a big success as shortly after the stock catapulted past our $223 Target: This time however we share with you an analysis that is calling for profit taking on this amazing rally as technically it is coming to an end. The price hit yesterday the top (Higher Highs trend-line) of the 2-year Channel Up, which has approached another 3 times during that time. As you can see, the pattern's structured Legs and Phases are cyclical and repeat themselves. The current Top seems to be similar to the previous Highs (orange circles) that initiated the re-accumulation phases before resuming the uptrend for the final top (red circles) of the Bullish Leg. Both of those pre-Top Highs (orange circles) and their re-accumulation phases that followed, touched the 1D MA200 (orange trend-line) before the final rally of the Bullish Leg. As a result, we won't turn bullish again on AVGO until it tests the 1D MA200 again, which given the aggression of the recent pump, the pull-back could be equally strong. After the re-accumulation Phase is completed, we will resume our long-term bullish Target of $285.00. That represents a +121.85% rise from the August 05 2024 Low, which is the % rise that both previous Bullish Legs had. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇