AVGO - Underrated titan in vulnerable spot

٧ فبراير ٢٠٢٢

• 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.
  

٩ فبراير ٢٠٢٢

تم فتح الصفقة

Volume still low, and into heavy supply...I expect weakness to start soon.

١٠ فبراير ٢٠٢٢

تم فتح الصفقة

Today is the day ramp down has started...let's see if there is follow through.

١١ فبراير ٢٠٢٢

ملاحظة

Bingo..first target 560

١٧ فبراير ٢٠٢٢

تم إغلاق الصفقة يدويًا

I still have short bias, but hard to stay in the trade with the current price action. Price above VWMA could push higher.

٣٠ مارس ٢٠٢٢

ملاحظة

Leaders lead...formed a flag on daily and brokeout for the test of ATH.