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