$Broadcom(AVGO)$
The CWL of $343.5 was conquered on Monday morning suggesting a clean entry, by Tuesday the target was reached, securing a 3.3% gain.
The chart shows a bearish daily shooting star candle that suggested exhaustion and a likely reversal considering the confluence of resistance levels, starting from our target, the upper Bollinger band, and the volume shelf.
Locking gains was wise, the recent selloff is not a technical surprise, and considering the breach of $343.5, there is an invalidation of the bullish setup for now, but we made a decent 3.3% gain.
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