Ready for a break? $AVGO's triangle pattern is set for action!
$Broadcom(AVGO)$
🔑 Entry Strategy:
- Go long above 238.10 for the breakout.
- Or, buy the pullback to 235.29 for a safer entry.
🔒 Stop Ideas:
- Tight stop at 232.66
- Conservative stop at 230.33
- Invalidate below 225.10
🎯 Targets:
- T1: 247.75
- T2: 262.50
- T3: 284.79
- Ultimate: 298.89
Conclusion? AVGO's triangle signals an upward breakout, with moving averages in support. Watch for volume spikes above 238.10! This pattern aims to continue the previous trend—upward.
Are you ready to catch the breakout? 🚀
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