Broadcom Inc., (AVGO:NASDAQ): Daily Chart, September 28 2022,
Broadcom Inc., Elliott Wave Technical Analysis
Broadcom Inc., (AVGO:NASDAQ): Daily Chart, September 28 2022,
AVGO Stock Market Analysis: I wanted to zoom out to show you how we are approaching thevolume point of control off the entire rally from the Covid-19 lows.
AVGO Elliott Wave count: Z of (2).
AVGO Trading Strategy: Looking for a clear sign of upside resumption to then place long termtrades.
AVGO Technical Indicators:We have been in oversold territory for a while now that is couldbecome interesting to buy in the future.
TradingLounge Analyst: Alessio Barretta
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Broadcom Inc., AVGO: 4-hour Chart, September 28 2022
Broadcom Inc., Elliott Wave Technical Analysis
AVGO Stock Market Analysis: I would be looking for further downside as the move down inwave {c} does not seem complete. In addition to that we are lookin at equality of W and Z at 424$.
AVGO Elliott Wave count: {c} of Z.
AVGO Technical Indicators:Below all averages in oversold territory.
AVGO Trading Strategy: Looking for short term shorts, eventually using the 20EMA asresistance as long as every upside pullback is in a three wave nature.
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