$AVGO: 50W SMA Inflection — Daily Bullish Divergence at 50W SMABroadcom Inc.BATS:AVGOAlexTraderTrViewBroadcom (AVGO) is pressing directly into its primary multi-month trend filter following post-earnings digestion, presenting a high-conviction structural decision point. • The Structural Shelf: Price has pulled back to test confluence at the 50-week SMA ($365.26) and the 1M support baseline after slipping out of its multi-year ascending channel. • Momentum Deceleration: While price swept recent lows at $359.25, the Daily RSI printed a clean Bullish Divergence with a higher low, accompanied by contracting negative momentum on the MACD histogram. Sellers are being absorbed at high-timeframe demand. • The Sector Dynamic: As Micron (MU) expands out of its weekly wedge breakout, Broadcom holding this $365 line provides the foundational floor needed for broader semiconductor continuity. Trade Parameters: • Setup Condition: Daily RSI Bullish Divergence active • Trigger (Long): Confirmed Daily close > $368.50 – $370.00 (reclaiming the 50W SMA) • Target 1 (Breakdown Shelf): $384 – $395 • Target 2 (Channel Retest): $450 – $480 • Risk / Invalidation: Daily close < $351.50 (clean loss of the double-bottom wick floor opens the door straight into the $323–$340 3M Demand Shelf) At major moving averages, price either confirms exhaustion or triggers continuation. Watching the daily close reaction against $365. ☕ Real-time trade management, invalidations, and active book tracking live on X: @AlexBrownTA https://x.com/AlexBrownTA