Broadcom Inc.Long
AVGO: Bullish Pennant, confirmed (29,16%)(10/1000)
(10/1000)
Confirmed Bullish Pennant pattern for AVGO.
29.16% possible gains.
Pros:
1- PPS above 50MA and 200MA
2- RS above 0 and climbing
3- R/R ratio above 5
4- 250RSI above 50 and climbing
5- 50MA above 200MA
6- Both 50MA and 200MA ascending
7- Golden cross circled in blue
8- Descending volume during flag forming
9- Volume during post forming
10- Break out with volume
Cons:
1- ATR descending, less volatile
Target price is 1048,47$
Stay humble, have fun, make money!
MAAX
Confirmed Bullish Pennant pattern for AVGO.
29.16% possible gains.
Pros:
1- PPS above 50MA and 200MA
2- RS above 0 and climbing
3- R/R ratio above 5
4- 250RSI above 50 and climbing
5- 50MA above 200MA
6- Both 50MA and 200MA ascending
7- Golden cross circled in blue
8- Descending volume during flag forming
9- Volume during post forming
10- Break out with volume
Cons:
1- ATR descending, less volatile
Target price is 1048,47$
Stay humble, have fun, make money!
MAAX
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