AVGO

AVGO

Broadcom Inc
Semiconductors
$323.24 -4.31% As of Oct 23, 12:08 AM
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Trade Idea

Strategy
Bull Call
Strikes
$385/390
Expiration
Aug 21
Target ROI
100.0%
Trade Reasoning
The current stock price of AVGO at $386.04 is positioned at the lower strike of our bull call spread, indicating a favorable entry point as it allows for capturing upside potential with limited risk. The absence of identified technical risk factors further strengthens the bullish outlook, making this an optimal environment for profiting from upward movement. The ATM spread structure maximizes our risk/reward profile by offering a high ROI while limiting potential losses, aligning perfectly with Maya's disciplined trade management approach. 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

Moving Average Resistance Caps AVGO at $323.24

Bearish
Oct 23, 2026 at 12:08 AM • $323.24 (-4.31%)

Broadcom Inc (AVGO) retreated 4.31%, ending the session at $323.24 on October 23.

Technical indicators paint a bearish picture:

Moving Averages Price sits below both the 9-day ($338.85) and 21-day ($347.42) EMAs, suggesting short-term weakness.
Momentum RSI at 34.0 is showing no strong directional bias. MACD reads -7.98 against its -5.28 signal line (bearish).
Volatility Bollinger Band width at 15.7% indicates normal volatility.

While EMAs remain bearish, the oversold RSI reading hints at potential support around $322.76.

Traders are watching $322.76 on the downside and $377.77 on the upside.

AVGO Struggles Below Key Moving Averages at $323.24

Bearish
Oct 22, 2026 at 9:00 PM • $323.24 (-4.31%)

Bears Tighten Grip on AVGO Below $337.80

Bearish
Oct 21, 2026 at 9:00 PM • $337.80 (+1.03%)

AVGO Breaks Down Through EMAs to $334.37

Bearish
Oct 20, 2026 at 9:00 PM • $334.37 (-0.07%)

AVGO Consolidation Compresses at $334.59

Neutral
Oct 20, 2026 at 12:50 AM • $334.59 (+1.78%)
Systematic technical analysis • Updated daily after market close

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Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp -63
Trade Date Jul 24, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.