Broadcom Inc.
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Broadcom (AVGO) can correct till 206, post that a target of 315

252
AVGO has completed its lower degree 5 waves and higher degree wave-3.
Currently it is correcting in ABC waves.


Blue line depicts probable path it may take correcting and then taking turn up towards a target of 315, which completes its higher degree Wave-5 and mostly larger Wave-5(Wave-V).

How can one enter ?

Wait for price to correct and make a entry pattern(as per Price action and RSI divergence)
Exit will be around 315 or any rule based system.

When this view will be negated:
If daily price closes below 193.25 above view gets negated.
註釋
C wave (down leg) is still pending here, waiting for to confirm for next move
註釋
We seem to have BO, if we have a followup candle, then trade is active for the target.
註釋
Yesterday's candle is not bullish, we need bullish follow up candle to confirm BreakOut
交易進行
We are nearing target
交易結束:目標達成
We are nearing Target, since its Wave5, it is unreliable, once can book profits here.,
註釋
It may be doing ending diagonal, it is preferrable/safe to book profits here.,

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