Stock Analysis: Broadcom Inc (AVGO)

Stock Analysis for Broadcom Inc (AVGO)

The Interpreter
Hey Friend, I'm analysing BROADCOM INC (AVGO), and it is between the Support of $ 1,151.82 (100% of Fibonacci) and the Resistance of $ 1,244.46 (PivotS1). The stock is falling and may come close and reach $ 1,151.82 soon.

Broadcom Inc (AVGO)

$ 1,242.86 -4.4%

Last Close 01-May-24

Trade AVGO Now

Supports

Next Support: $ 1,151.82

Pivot S2: $ 1,144.86
Fibonacci 100%: $ 1,151.82
Triangle Level (1): $ 977.92

Resistances

Next Resistance: $ 1,244.46

Pivot S1: $ 1,244.46
Fibonacci 138.2%: $ 1,288.09
Triangle Level (1): $ 1,447.86

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 05 Mar 2024	Sell Price: 1,342.75	Loss: Close Day2 ($ 1,407.01)	Abandoned Baby	Sell
002 18 Jan 2024	Buy Price: 1,143.91	Profit: Open Day1 ($ 1,157.31)	Abandoned Baby	Buy
003 17 Jan 2024	Sell Price: 1,103.67	Loss: Close Day2 ($ 1,211.20)	Abandoned Baby	Sell
004 27 Dec 2023	Sell Price: 1,126.05	Profit: Close Day1 ($ 1,122.41)	Engulfing	Sell
005 27 Dec 2023	Sell Price: 1,126.17	Profit: Close Day1 ($ 1,122.41)	Dark Cloud Cover	Sell
006 06 Sep 2023	Buy Price: 872.27	Loss: Close Day2 ($ 857.55)	Abandoned Baby	Buy
007 24 Aug 2023	Sell Price: 855.25	Profit: Close Day1 ($ 851.82)	Engulfing	Sell
008 24 Aug 2023	Sell Price: 854.46	Profit: Close Day1 ($ 851.82)	Dark Cloud Cover	Sell
009 17 Jul 2023	Buy Price: 910.35	Loss: Close Day2 ($ 901.37)	Abandoned Baby	Buy
010 05 Jul 2023	Sell Price: 861.86	Profit: Open Day1 ($ 845.00)	Abandoned Baby	Sell
011One Year Average	Both Sides Result for 10 Signals	Loss: $ -151.76 ($ -15.18 / Signal) -14.9% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for AVGO Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	1,271.57	SELL	2	1,265.67	SELL
3	1,293.92	SELL	3	1,277.31	SELL
5	1,304.05	SELL	5	1,284.53	SELL
8	1,281.34	SELL	8	1,286.62	SELL
13	1,279.75	SELL	13	1,290.11	SELL
21	1,303.62	SELL	21	1,295.04	SELL
34	1,304.20	SELL	34	1,294.95	SELL
55	1,303.10	SELL	55	1,277.81	SELL
90	1,248.78	SELL	90	1,230.90	BUY
200	1,055.67	BUY	200	1,087.69	BUY

Company Info +

Name & IPO

Broadcom Inc
IPO: 2016-02-01

Stock Ticker & Exchange

Ticker: AVGOIndices: S&P 500, Nasdaq 100,
Exchange: Nasdaq Nms - Global Market (US - USD)

Contact

Website: https://www.broadcom.com
Phone:

Stock Type

Common Stock

SIC Office

Manufacturing ()

Industry

Semiconductors & Related Devices

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.