AVGO

AVGO

Broadcom Inc
Semiconductors
$368.79 -0.74% As of Aug 29, 1:29 AM
Loading chart...
Interactive chart powered by TradingView

Trade Idea

Strategy
Bull Call
Strikes
$390/395
Expiration
Aug 14
Target ROI
100.0%
Trade Reasoning
The technical indicators indicate a stable upward trend for AVGO, supported by strong price action above the current stock price of $391.60. This entry point is favorable as it allows for a profit potential with minimal risk, given the $390/$395 bull call spread structure. The ATM spread maximizes ROI while offering defined risk and reward, aligning with our disciplined approach to manage small losses and capitalize on larger gains. Maya's edge comes from disciplined trade management—knowing when to exit is just as important as when to enter. Subscribe to get real-time open and close alerts that take the guesswork out of trading.

Technical Analysis

AVGO Slips Below Moving Averages, Testing $368.79

Bearish
Aug 29, 2026 at 1:29 AM • $368.79 (-0.74%)

Broadcom Inc (AVGO) fell 0.74% to finish at $368.79 on August 29.

From a technical standpoint, the outlook appears bearish:

Momentum RSI at 43.2 is in neutral territory but trending higher. MACD is bearish (-8.80 vs signal -5.38).
Moving Averages The stock trades below its 9-day EMA ($370.31) with the 21-day ($380.47) acting as overhead resistance.
Volatility Bollinger Band width at 26.3% indicates normal volatility.

Watch $339.70 as support and $442.41 as resistance.

Downtrend Intact: AVGO Rejected at EMAs, Trades $368.79

Bearish
Aug 28, 2026 at 9:00 PM • $368.79 (-0.74%)

Bearish MACD Cross Pressures AVGO at $371.54

Bearish
Aug 27, 2026 at 9:00 PM • $371.54 (+4.49%)

AVGO Faces Resistance as EMAs Turn Bearish

Bearish
Aug 26, 2026 at 9:00 PM • $355.59 (-0.33%)

AVGO Slips Below Moving Averages, Testing $356.74

Bearish
Aug 25, 2026 at 9:00 PM • $356.74 (-0.57%)
Systematic technical analysis • Updated daily after market close
Exclusive Offer

Get Trade Alerts

Receive disciplined options trade ideas with entries, targets & risk management.

Use code:
HEADSTART50
50% off your first month
Claim Offer Try Scanner

Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp -15
Trade Date Jul 14, 2026

Related Trades

AVGO $380-$385 Bull Call
Jul 27, 2026
AVGO $380-$385 Bull Call
Jul 24, 2026
AVGO $385-$390 Bull Call
Jul 24, 2026
AVGO $310-$315 Bull Call
Apr 6, 2026
AVGO $310-$315 Bull Call
Mar 26, 2026

Related Stocks

ADI
ADI
Analog Devices Inc
AMD
AMD
Advanced Micro Devices Inc
ARM
ARM
Arm Holdings PLC
ASML
ASML
ASML Holding NV
ENPH
ENPH
Enphase Energy Inc
FSLR
FSLR
First Solar Inc
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.