US Stocks Elliott Wave Technical Analysis Blog!
US Stocks Elliott Wave Theory in Action

17Nov

Broadcom Inc., Elliott Wave Technical Analysis Wednesday 17 November 2022

Alessio Barretta |17 Nov, 2022 | 0 Comments | Return|

NDQStocks-Splash-1

Broadcom Inc., Elliott Wave Technical Analysis Wednesday 17 November 2022

4 Hour

Broadcom Inc., AVGO: 4-hour Chart, November 17 2022
Broadcom Inc., Elliott Wave Technical Analysis
AVGO Stock Market Analysis: It looks like we might have entered wave (iv) which I would expect to be sideways. I will be looking for longs into wave (v).
AVGO Elliott Wave count:  Wave (iv) of {iii}.
AVGO Technical Indicators: Above all averages, RSI bearish divergence which could indicate an imminent wave (v).  
AVGO Trading Strategy: Looking for longs on wave (iv) once we get a clearer view on how it is going to look like(potentially sideways).


Daily

Broadcom Inc., Elliott Wave Technical Analysis
Broadcom Inc., (AVGO:NASDAQ): Daily Chart, November 17 2022,
AVGO Stock Market Analysis: We have been tracking down the possibility of a wave (2) of intermediate degree to have bottomed at around 410$ and the following up move could be the beginning of the new uptrend.
AVGO Elliott Wave Count:  Wave {iii} of 1.
AVGO Technical Indicators: Finding support on the 200EMA
AVGO Trading Strategy: Waiting for a pullback in wave (iv) and {iv} to place short term longs.

 

 

About the Author

Related

Analog Devices Inc., Elliott Wave Technical Analysis 20 December 2022

Analog Devices Inc., Elliott Wave Technical Analysis 20 December 2022

Elliott Wave charts by Alessio Barretta 4 Hour - It seems like we have five waves down into wave {a}...

Read More >
Analog Devices Inc., Elliott Wave Technical Analysis Monday 05 December 2022

Analog Devices Inc., Elliott Wave Technical Analysis Monday 05 December 2022

Elliott Wave charts by Alessio Barretta 4 Hour - Looking for wave {iv} to potentially be a running f...

Read More >
DexCom Inc., Elliott Wave Technical Analysis 01 May 2023

DexCom Inc., Elliott Wave Technical Analysis 01 May 2023

Elliott Wave charts by Alessio Barretta 4 Hour - By looking at the smaller timeframes it looks like...

Read More >
Biogen Inc., Elliott Wave Technical Analysis 08 May 2023

Biogen Inc., Elliott Wave Technical Analysis 08 May 2023

Elliott Wave charts by Alessio Barretta 4 Hour - Looking for a pullback in to wave {ii} of 3 to then...

Read More >
Gilead Inc., Elliott Wave Technical Analysis 16 February 2023

Gilead Inc., Elliott Wave Technical Analysis 16 February 2023

Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we have had a diagonal in wave (i) an...

Read More >
Texas Instruments Inc., Elliott Wave Technical Analysis 09 February 2023

Texas Instruments Inc., Elliott Wave Technical Analysis 09 February 2023

Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we are in wave (iii) already as we a...

Read More >
Analog Devices Inc., Elliott Wave Technical Analysis 20 December 2022

Analog Devices Inc., Elliott Wave Technical Analysis 20 December 2022

Elliott Wave charts by Alessio Barretta 4 Hour - It seems like we have five waves down into wave {a}...

Read More >
Analog Devices Inc., Elliott Wave Technical Analysis Monday 05 December 2022

Analog Devices Inc., Elliott Wave Technical Analysis Monday 05 December 2022

Elliott Wave charts by Alessio Barretta 4 Hour - Looking for wave {iv} to potentially be a running f...

Read More >
DexCom Inc., Elliott Wave Technical Analysis 01 May 2023

DexCom Inc., Elliott Wave Technical Analysis 01 May 2023

Elliott Wave charts by Alessio Barretta 4 Hour - By looking at the smaller timeframes it looks like...

Read More >
Biogen Inc., Elliott Wave Technical Analysis 08 May 2023

Biogen Inc., Elliott Wave Technical Analysis 08 May 2023

Elliott Wave charts by Alessio Barretta 4 Hour - Looking for a pullback in to wave {ii} of 3 to then...

Read More >
Gilead Inc., Elliott Wave Technical Analysis 16 February 2023

Gilead Inc., Elliott Wave Technical Analysis 16 February 2023

Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we have had a diagonal in wave (i) an...

Read More >
Texas Instruments Inc., Elliott Wave Technical Analysis 09 February 2023

Texas Instruments Inc., Elliott Wave Technical Analysis 09 February 2023

Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we are in wave (iii) already as we a...

Read More >
Analog Devices Inc., Elliott Wave Technical Analysis 20 December 2022

Analog Devices Inc., Elliott Wave Technical Analysis 20 December 2022

Elliott Wave charts by Alessio Barretta 4 Hour - It seems like we have five waves down into wave {a}...

Read More >
Analog Devices Inc., Elliott Wave Technical Analysis Monday 05 December 2022

Analog Devices Inc., Elliott Wave Technical Analysis Monday 05 December 2022

Elliott Wave charts by Alessio Barretta 4 Hour - Looking for wave {iv} to potentially be a running f...

Read More >
You need to login in order to comment
WHAT YOUR TRIAL INCLUDES
At TradingLounge we offer our Members access to all areas!
  • Our coverage means you get maximum flexibility in your trading options
  • Analysis updates every day Mon-Fri
  • Elliott Wave specialists
  • Discretionary strategies to take away
Our huge range of markets include charts + videos for:
  • Indices – US, Asian + Euro
  • Commodities – Gold, Oil, Silver, Copper, Iron Ore, Nickel, DXY, GDX, Commoditiy Futures
  • Forex daily – AUDUSD, EURUSD + US Dollar Index
  • Cryptocurrencies - Bitcoin plus
Also included so your trading can really improve:

Trading Education

  • Phone + Email support