I'm watching $Broadcom(AVGO)$

I'm watching $Broadcom(AVGO)$ closely. The institutional flow has shown increased call activity recently, and the chart setup seems to be aligning.

From a technical perspective, it's holding weekly and monthly bullish fair value gaps. It broke the daily downtrend after defending the 200-day moving average. Daily momentum is turning positive with higher lows forming, and the price is reclaiming the 9 and 21 EMA structure.

The key level I'm watching is a clean break and hold above $400. If that area is reclaimed, the next resistance zones are around $407 and $414. The combination of a strong technical structure and rising options activity makes it one to monitor.

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