BROADCOM Will the ceasefire invalidate the 1D Death Cross?Broadcom Inc.BATS:AVGOTradingShotBroadcom Inc. (AVGO) formed a 1D Death Cross 10 days ago but this week's U.S. - Iran ceasefire printed a dramatic rebound that hit the top of the 4-month Channel Down (red). Last time Broadcom formed a 1D Death Cross was 1 year ago after a -45.45% decline (Tariff War). The one before that was halfway through the 2022 Inflation Bear Cycle, which eventually completed a -38.80% correction. The 4-year Channel Up that started in 2022 would technically make a perfect Higher Low if the stock corrects again by -38.80%, targeting $255.00, which would also be just above the 0.5 Fibonacci retracement level from the previous Low, just like the October 2022 Low was. With the 1W RSI still far from the 35.00 Support, which priced the last two major bottoms (2022 and 2025) of the Channel Up, we believe that the market will eventually capitalize on the 1D Death Cross and extend the Bear Cycle towards Q3 2026 at least. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇