$AVGO

AVGO is a buy only after a pullback to the upward trend line near 264, touched just four times, where support stacks: pivot levels at 272.27 and 262.90 plus gap-fill at 252.54 are his key buying levels, so he waits for that dip.

Bullish
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Verified InvestingPublished Oct 19 · 1 passage

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Well, we have this good setup on the "A lab" stock. Semiconductors have seen a good rebound during the day and are now experiencing selling pressure. It is somewhat stable throughout the day.

What if we head downwards? There is this large gap, a sort of pivot peak here at 272.27. It's the first secondary level, but I prefer the 262.90 level, this pivot peak that aligns with the upward trend line at around 264.

Now we're talking about trying to stack support factors on top of each other , and we also have gap filling here at 252.54. These are my key levels for my buying plan for "A lab" stock.

But yes, we will wait for the price to drop to visit this trend line in search of support. The price has only touched this line four times so far.

What this channel has said about $AVGO

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