Total Assets
Rate Of Return$Broadcom(AVGO.US)
Today’s canary is AVGO. Broadcom is flirting with her ATH. Yay right? Think again.
V shaped rally - Yay! Think again.
That’s what the headlines and smart money wants you to think and feel. They are distributing left right center!
Look at that volume on that rally. Yikes! Textbook to me. Screams B wave all day long.
And guess what - It can even extend and I won’t be surprised if it does sucking all the clueless exit liquidity bulls.
Broadcom has excellent fundamentals. However better prices are ahead.
Now is not the time to be a hero.
Stay safe!
@Bridge Buzz SG
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