AVGO

BroadcomTechnology

$381.92-2.69%

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$381.92

MAYJUNJUL

AVGO Chart Update

See how the Rounding Bottom is playing out for AVGO. View live chart.

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Quick Actions

Trade Plan: Rounding Bottom

Risk/Reward

1:2

Entry

$414.64

Stop

$385.54

Target

$472.85

Chart Pattern

Rounding Bottom

Gradual reversal from bearish to bullish.

Market Analysis

Technical analysis of Broadcom (AVGO) reveals a significant setup. Price has moved to $381.92 (-2.69%) amidst recent volatility. Price action has carved out a classic Rounding Bottom. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $414.64, targeting $472.85 with support near $385.54 (R:R 2.0).

Community Sentiment

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