AVGO Personal Analysis

19 พ.ย. 2021

AVGO has made some interesting movements.

Graph: Price has expericned a steady incline rally since passing the $510 price level. It is now trading at $574.66, after achieving its all time high of $576.73
Trends:
- Emergence of an Ascending Channel beginning on November 3rd.
- Three touches on the lower channel solidifies the validity of the channel. Two touches on the upper channel - 2nd touch currently occuring (highlighted in green circles).
MACD and RSI 1Day Timeframe:
- MACD 1D: Poised for a bearish crossover after a successful bullish movement.
- RSI 1D: Overbought - but this stock does not seem to be very responsive to RSI, and therefore will not serve as much of a significant influence.

This is not trading advice or recommendation. For viewing purpose only
Always do your own Due Diligence

26 พ.ย. 2021

บันทึก

Wait for upper rebound on the ascending channel - Potential Buy at c. $510, within a fourth lower boundary touch.

Not trading advice. Personal analysis

22 ธ.ค. 2021

บันทึก

Chart did not play out. Position not executed