AVGO – Testing $320 Support Under a 5-Month DowntrendBroadcom Inc.BATS:AVGOzbtemesgenBroadcom has made three clean lower highs since its June peak near $495 (June, August, October), and the connecting trendline continues to cap every rally. Friday's −5% drop on 1.5× average volume, part of a broad semiconductor sell-off, took price below all major daily moving averages and into the $319–321 support zone. Bulls need this level to hold and a daily close back above $342–352 (20/50-day MAs) to signal a relief move toward the 100/200-day cluster at $367–371. A decisive break of $319 opens the way to the weekly 100-SMA near $311 and the 52-week low at $289. The weekly stochastic is deeply oversold, so a bounce is possible, but the trend stays bearish until the downtrend line is reclaimed. Not financial advice.