What chart pattern is ChartPattern.io tracking on Broadcom?
ChartPattern.io is currently tracking Descending Triangle on Broadcom in the Technology stock.
Live Technology stock scanner page for Broadcom. Review the descending triangle setup, chart structure, and trade levels in one place.
Technical analysis of Broadcom (AVGO) reveals a significant setup. Price has moved to $361.99 (0.32%) amidst recent volatility. Our AI has detected a valid Descending Triangle pattern. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $342.33, targeting $251.93 with support near $376.59 (R:R 2.64).
AVGO is part of the Technology stock on ChartPattern.io. The scanner currently highlights Descending Triangle as the leading setup, with an entry near $342.33, a stop around $376.59, and a target near $251.93.
Descending Triangle
75/100 CP Index
Entry $342.33 · Stop $376.59 · Target $251.93
See how the Descending Triangle is playing out for AVGO. View live chart.
Bearish continuation pattern.
What is your outlook on AVGO?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on AVGO.
ChartPattern.io is currently tracking Descending Triangle on Broadcom in the Technology stock.
The current trade plan points to an entry near $342.33, a stop near $376.59, and a target near $251.93.
Broadcom currently leans bullish. The page is showing a CP Index of 75/100, which helps summarize the current technical setup.