$AVGO got slammed in the tech/AI dump and barely bounced today. Support zone $289-$295 looks solid — big capitulation spike yesterday, but price ran to $310 intraday then gave it all back. Weak.
Still a long in play IF you respect the stop. Entry anywhere near current, hard stop on daily close below $289. Risk is tight.
TP1: $321 gap fill
TP2: $338 resistance zone
No close below $289 = no trade. Protect capital first.
Still a long in play IF you respect the stop. Entry anywhere near current, hard stop on daily close below $289. Risk is tight.
TP1: $321 gap fill
TP2: $338 resistance zone
No close below $289 = no trade. Protect capital first.
