Week 34 of 52 | AVGO AI Revenue +143%—Why Is It Falling?Broadcom Inc.BATS:AVGORobert_V12AVGO s one of those stocks where the business and the chart are telling two different stories right now. AI revenue grew 143% YoY. Broadcom is still benefiting heavily from AI spending, custom chips and networking demand. Fundamentally, there is no obvious collapse happening here. But the stock is still pulling back. The reason is pretty simple: AVGO had already run a lot. At these prices, investors were expecting almost everything to go right. Strong numbers alone are no longer enough when expectations are that high. That is why I’m paying more attention to the chart now. After reaching the $480 area, AVGO sold off hard and found buyers around $375. It bounced back toward $420–430, but couldn't hold the move and is now coming back down again. For me, $370–380 is the most important area on this chart right now. If buyers defend it again, I would still see this as a pullback inside the bigger uptrend. From there, AVGO needs to get back above $400 and eventually $420–430 before I would say momentum is turning bullish again. If $370–380 breaks, then I wouldn’t rush to buy just because AVGO looks cheaper. Below that, the next area I really like is around $295–310. That was a major support area before and would represent a much bigger reset from the highs. So I'm not bearish on Broadcom’s business. I’m just separating a great company from a great entry. Right now I’m watching $370–395 first. If it holds, things get interesting. If it doesn't, I’m willing to wait. Not financial advice. This is just my personal view of the chart and the company. Always manage your own risk.