See how the Descending Triangle is playing out for AVGO. View live chart.
Bearish continuation pattern.
Market participants tracking Broadcom should note the latest formation. Price has moved to $326.66 (-1.36%) amidst recent volatility. Algorithmically, a **Descending Triangle** structure has completed. Volume is average (0.4x avg) with moderate trend strength (2.0). A potential breakout level is identified at **$295.3**, targeting **$229.94** with support near **$352.34** (R:R 1.15).
What is your outlook on AVGO?