AVGO - Underrated titan in vulnerable spot

Actualizado
  • Three lower lows and lower highs ---
  • below VWMA (early) -
  • Decreasing volume --
  • Bearflag setup on daily ---
  • Good volume in the demand zone ++
  • IF market shows strengths next week, possible that it tests 625 zone, where it runs into big supply. Breakdown there could slide this to recent low near 500.
Operación activa
Volume still low, and into heavy supply...I expect weakness to start soon.
Operación activa
Today is the day ramp down has started...let's see if there is follow through.
Nota
Bingo..first target 560
Operación cerrada manualmente
I still have short bias, but hard to stay in the trade with the current price action. Price above VWMA could push higher.
Nota
Leaders lead...formed a flag on daily and brokeout for the test of ATH.
AVGOFLAGmegacapsemiconductorTrend Analysis

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