BROADCOM Pull-back to demand zone possible before new High.

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BROADCOM Pull-back to demand zone possible before new High.Broadcom Inc.BATS:AVGOTradingShotBroadcom Inc. (AVGO) is currently on a 3-day pull-back that started right on the 0.786 Fibonacci level of the 2.5 year Channel Up. The 1D RSI got heavily rejected from deep inside the overbought zone (>70.00) to back down below it and the only times that happened within this pattern, was during short-medium term pull-backs towards its 1D MA50 (blue trend-line). As a result, the current pull-back can extend a little more towards the 1D MA50 and then rebound. Given a +15% added increas on each Bullish Leg of the Channel Up, we expect to see $320 next. ------------------------------------------------------------------------------- ** Please LIKE πŸ‘, FOLLOW βœ…, SHARE πŸ™Œ 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. ** ------------------------------------------------------------------------------- πŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’Έ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡