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

29Nov

Broadcom Inc., Elliott Wave Technical Analysis Tuesday 29 November 2022

Alessio Barretta |29 Nov, 2022 | 0 Comments | Return|

NDQStocks-Splash-1

Broadcom Inc., Elliott Wave Technical Analysis Tuesday 29 November 2022

4 Hour

Broadcom Inc., AVGO: 4-hour Chart, November 29 2022
Broadcom Inc., Elliott Wave Technical Analysis
AVGO Stock Market Analysis: We have a nice and clear five wave sequence within wave {iii} and we are expecting wave {iv} to fall near the wave four of one lesser degree at around 505$.
AVGO Elliott Wave count:  Wave (a) of {iv}.
AVGO Technical Indicators: 20EMA acting as support.
AVGO Trading Strategy: Looking for wave {iv} to complete, you could look for very quick shorts on the way down of wave (c). s


Daily

Broadcom Inc., Elliott Wave Technical Analysis
Broadcom Inc., (AVGO:NASDAQ): Daily Chart, November 29 2022,
AVGO Stock Market Analysis: We have been moving as expected for the past weeks. We are now looking at a potential wave {iv} after we fell short of 1.618 {iii} vs. {i}.
AVGO Elliott Wave Count:  Wave (a) of {iv}.
AVGO Technical Indicators: Getting closer to the 200EMA which may act as support.
AVGO Trading Strategy: Looking for further upside after wave {iv}.

 

About the Author

Related

Lam Research Corp., Elliott Wave Technical Analysis 05 April 2023

Lam Research Corp., Elliott Wave Technical Analysis 05 April 2023

Elliott Wave charts by Alessio Barretta 4 Hour - Looking for a potential three wave move into wave i...

Read More >
United Parcel Service Inc., Elliott Wave Technical Analysis 25 January 2023

United Parcel Service Inc., Elliott Wave Technical Analysis 25 January 2023

Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we are in wave e of the triangle in w...

Read More >
AMZN, GOOG, AAPL, SQ, FB, TSLA Technical Analysis Elliott Wave Forecast, 9 Oct. 2021

AMZN, GOOG, AAPL, SQ, FB, TSLA Technical Analysis Elliott Wave Forecast, 9 Oct. 2021

US Stocks Technical Analysis Elliott Wave Forecast overview: Elliott Wave Double ZigZag pattern for ...

Read More >
Honeywell International Inc., Elliott Wave Technical Analysis 11 January 2023

Honeywell International Inc., Elliott Wave Technical Analysis 11 January 2023

Elliott Wave charts by Alessio Barretta 4 Hour - Looking for a potential wave {i} of 5 has we are st...

Read More >
OReilly Automotive Inc., Elliott Wave Technical Analysis 23 February 2023

OReilly Automotive Inc., Elliott Wave Technical Analysis 23 February 2023

Elliott Wave charts by Alessio Barretta 4 Hour - Looking for a wave (iv) to be sideways, therefore ...

Read More >
Intuit Inc., Elliott Wave Technical Analysis 10 February 2023

Intuit Inc., Elliott Wave Technical Analysis 10 February 2023

Elliott Wave charts by Alessio Barretta 4 Hour - Looking for shorts into wave (E). We had a sharp mo...

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