Broadcom Inc.
Short

Broadcom’s the Gap-Lover

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Broadcom has a very particular behavior, it loves to rally in sharp upward bursts.

It often opens with gaps, quickly pushing the price to new levels. Interestingly, the gap zones are never violated during these uptrends.

However, we’ve recently seen a small but concerning move back into a previous gap area.

In past cases, this has been Broadcom’s first bearish signal, often marking the start of a cooling phase. (see white circles for recent behaviour)

That said, this kind of signal doesn’t always mean a full reversal, sometimes it just suggests a sideways consolidation while the buying euphoria takes a breather.

🤔 What do you think?

Will Broadcom respect its usual pattern again… or will this be the first time it ignores it and keeps printing new ATHs?

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