$AVGO sitting at $322.98, right under the $323.44 pivot. This is the line that matters. Get back above it and hold, and you unlock $347.38 as your first Fib extension — clean measured move if structure cooperates.
Above that, $355–$365 is a volume shelf. Liquidity lives there, so expect chop or absorption before the next leg. If it clears that zone, $363.69 and $376.88 are your next Fib levels — textbook continuation targets if momentum stays intact.
Invalidation is $319.52. Break below that and the setup dies. No reason to force it if structure fails. Wait for reclaim or move on.
This is a clean bracket trade: reclaim $323.44, aim for Fibs, respect the shelf, honor the stop. Structure first, always.
Above that, $355–$365 is a volume shelf. Liquidity lives there, so expect chop or absorption before the next leg. If it clears that zone, $363.69 and $376.88 are your next Fib levels — textbook continuation targets if momentum stays intact.
Invalidation is $319.52. Break below that and the setup dies. No reason to force it if structure fails. Wait for reclaim or move on.
This is a clean bracket trade: reclaim $323.44, aim for Fibs, respect the shelf, honor the stop. Structure first, always.
