Get started
Broadcom Inc.
Updated

Avgo - Continue to rally ?

309
Managed to climb and stay above 500 pychological level after moving sideway between 420 to 500 for most of 2021.
Nice and strong uptrend with EMA20 to EMA200 line up.
FiFT +ve indicating strong bull.
Weekly Chart MCDX 75% but daily chart MCDX banker still low with only 6%.
Fibo target 570. Support 480
Based on Finviz, Avgo gross margin is 60%, RoE 24%. Analyst's target price 551


Plan :- Monitor and wait for price pullback to near EMA50. Valid only if price stay above trendline.
Trade active
snapshot
FiFT getting weak but overall still good.
Short term target hit, Near mid term 570 target
Trade active
snapshot
Approaching resistance.. Take Profit or trailstop. Use Turtle Trend or Fast Turtle Sell to exit.
kgiap123
Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)

tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
Also on:
Chart PatternsTechnical IndicatorsTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsTechnical IndicatorsTrend Analysis
kgiap123
Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)

tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.