AVGO is undervalued and breaking out; price targets are $413 by Christmas or $490 with momentum.
BullishHe framed it in months
“🐂 TA Masterclass: Will October 2026 Spark the Next Rally? 📈”
InvestAnswersPublished Oct 7 · 2 passages
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Broadcom 5 and a half% Broadcom breakout at last. We'll talk about the Broadcom chart.
Broadcom. I put in my little pistol here or the buy zone and I shouted from the rooftops two weeks ago. When did I put that in? Yeah, it was the this video two weeks ago. I said buy Broadcom here.
Boom. Nailed it beautifully. Very simple breakout. You got the tools to help you and very undervalued. Going to at least 413 by Christmas, maybe 490 if we get some good momentum.
But this one is definitely turning the corner. Just like AMD, everybody wants their stuff. everybody.
What this channel has said about $AVGO
InvestAnswers has 5 calls on this stock; only the adjacent ones are shown.
2026-10-07BullishThis one
Broadcom 5 and a half% Broadcom breakout at last. We'll talk about the Broadcom chart.
Direction flip
2026-09-30Bearish
This is the weakest and slowest moving among all 13 AI companies. I identified a buying zone here at 337, and we've only gone up $20. The price is 354 now. That's approximately $20. Let's examine what you do in post-closing transactions. It might move. Yes, it rose another dollar in after-hours trading . But it is still far from its record levels. Let's see how far it is from the top. Well, in order to return to its all-time highs, it needs to rise by 41%. No, it's not bad. So, even if things sometimes seem cheap, that doesn't mean they're a good buy. You could make 40% on this stock, but it might remain volatile here for some time or simply return to this range at 413. I still own Broadcom shares, but they are the smallest of all my financial positions in the Group of 13. Thank goodness for that. Distributing quotas is important.
Quote at 23:25 ›Direction flip