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Broadcom Inc.(AVGO:NASDAQ)Elliott Wave Technical Analysis 10 October 23


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Broadcom Inc.,Elliott Wave Technical Analysis
Broadcom Inc.,(AVGO:NASDAQ): Daily Chart, 10 October 23
AVGO Stock Market Analysis: WE have been looking for a potential wave 4 for a while now. It is starting to looking a little too large compared to the corresponding wave 2, nonetheless it is still valid.  
AVGO Elliott Wave Count: Wave {d} of 4.  
AVGO Technical Indicators: Above all averages.  
AVGO Trading Strategy: Looking for continuation sideways into wave 4 to then look for longs.  
TradingLounge Analyst: Alessio Barretta
 
AVGO_10_10.thumb.png.ea01c0ee14c035b726862c2bd58dd299.png
 
 
 
Broadcom Inc., AVGO: 4-hour Chart, 10 October 23
Broadcom Inc.,  Elliott Wave Technical Analysis
AVGO Stock Market Analysis: Looking for additional sideways movement to complete the overall correction in wave 4. As we keep moving in a series of three waves we can assume the move is corrective in nature.  
AVGO Elliott Wave count:  Wave {d} of 4.  
AVGO Technical Indicators: Above all averages.
AVGO Trading Strategy: Looking for continuation sideways into wave 4 to then look for longs.
AVGO_4H.thumb.png.1466068a1a1240f0aea92c5318ce4cbe.png
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