Broadcom Inc.
Long

$AVGO | Decision Zone – Bounce or Deeper Pullback?

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AVGO | Decision Zone – Bounce or Deeper Pullback?
🔹 Technicals

Current: 333.9 (+1.2%)

Fib retracement showing key levels:

372.3 = resistance / upside pivot

322.0 → 302.0 = short-term support band

265.7 = deeper liquidity target if breakdown extends

Larger fib extensions point toward 517.5+ on sustained uptrend.

🔹 Scenarios

🟢 Bullish Path:

Hold 322–333 support → reclaim 372 → path opens toward 400 → 517.

🔴 Bearish Path:

Failure at 333–322 → momentum drags into 302 → 265 before long-term buyers step in.

📌 Summary

AVGO sitting mid-structure. 372 is the bull trigger, 322 is the bear trigger. Watch liquidity rotation here for the next major leg.

#AVGO #Semiconductors #AI #Trading

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