AVGO

AVGO

Broadcom Inc
Semiconductors
$323.24 -4.31% As of Oct 22, 9:00 PM
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Trade Idea

Strategy
Bull Call
Strikes
$380/385
Expiration
Aug 28
Target ROI
100.0%
Trade Reasoning
The current stock price of AVGO at $383.62 is near the lower strike of our bull call spread at $380, presenting an optimal entry point for this trade. Given the absence of identified technical risk factors and the bullish sentiment surrounding the stock, this setup targets a solid upward move. The ATM spread structure maximizes our risk/reward profile, allowing us to capitalize on potential gains while limiting our loss to a small percentage through disciplined management. 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 Struggles Below Key Moving Averages at $323.24

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

Broadcom Inc (AVGO) closed down 4.31% at $323.24 on October 22.

The technical setup looks bearish:

Moving Averages The stock trades below its 9-day EMA ($338.85) with the 21-day ($347.42) acting as overhead resistance.
Momentum RSI at 34.8 is in neutral territory. MACD is bearish (-7.98 vs signal -5.28).
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.

Technical levels: $322.76 support, $377.77 resistance.

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%)

AVGO Volatility Dries Up Near $334.59, Direction TBD

Neutral
Oct 19, 2026 at 9:00 PM • $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 -55
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.