AVGO

AVGO

Broadcom Inc
Semiconductors
$293.69 +0.75% As of Nov 8, 12:11 AM
Loading chart...
Interactive chart powered by TradingView

Trade Idea

Strategy
Bull Call
Strikes
$380/385
Expiration
Sep 4
Target ROI
100.0%

Technical Analysis

Weak EMA Structure Weighs on AVGO at $293.69

Bearish
Nov 8, 2026 at 12:11 AM • $293.69 (+0.75%)

Broadcom Inc (AVGO) ticked higher by 0.75% to $293.69 on November 8.

Technical indicators paint a bearish picture:

Moving Averages Price sits below both the 9-day ($318.00) and 21-day ($330.70) EMAs, suggesting short-term weakness.
Momentum RSI at 32.7 is in neutral territory but trending lower. MACD is bearish (-11.97 vs signal -8.32).
Volatility Price has pierced the lower Bollinger Band ($298.34), which often precedes a bounce.

Despite the bearish EMA structure, oversold RSI suggests patient buyers may find opportunity near $298.34.

Key levels to watch: Support at $298.34, Resistance at $365.91.

Sellers Dominate AVGO Below Key EMAs at $293.69

Bearish
Nov 7, 2026 at 1:35 AM • $293.69 (+0.75%)

AVGO Drops to $293.69 as EMAs Flash Warning

Bearish
Nov 6, 2026 at 9:00 PM • $293.69 (+0.75%)

AVGO Tests Lower Support as EMAs Roll Over at $291.53

Bearish
Nov 5, 2026 at 9:00 PM • $291.53 (-10.44%)

AVGO Struggles Below Key Moving Averages at $325.48

Bearish
Nov 4, 2026 at 9:00 PM • $325.48 (-2.01%)
Systematic technical analysis • Updated daily after market close

Get Trade Alerts

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

Subscribe Now Try Scanner

Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp -65
Trade Date Jul 27, 2026

Related Trades

AVGO $345-$350 Bull Call
Oct 29, 2026
AVGO $360-$365 Bull Call
Oct 9, 2026
AVGO $380-$385 Bull Call
Jul 24, 2026
AVGO $385-$390 Bull Call
Jul 24, 2026
AVGO $390-$395 Bull Call
Jul 14, 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.