Broadcom Inc.
Updated

AVGO heads up at $265: Take Profits at this Major Resistance ?

297
AVGO has hit our target from last idea below.
Golden Covid + Minor Genesis at $264.56-265.27
Likely a dip here, or Break-n-Retest as surprise.

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Last Plot that caught the BreakOut:
AVGO eyes on $192: Double Fib Resistance holding up the bounce


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Hit the BOOST and FOLLOW to encourage more such a PRECISION

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Trade active
DUNK, dropped EXACTLY from our zone
snapshot
(yellow shaded area is from posting time)

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Close look with notes:
snapshot
We had a triple TOP exactly at our zone.
Then the Earnings report provided the spark
Fell through the first Genesis fib at $251.33

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What next?
snapshot
Closed 25% of short postion at TP 1 for 5% gain.
Looking for next two TP's at 8z% and 10% gains.
Stop Loss at Break Even for now, lets see Monday.

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