AVGO Stock Split - Long Idea
In addition to the hype for the SMCI Nasdaq inclusion, we also have the AVGO stock split starting this week. It could be an explosive week for semiconductors. I like this setup on AVGO, but it may not trigger anytime soon. If we do get a pull back to retest the ascending wedge, it would be a great long setup. If it doesn't hold, it becomes a short setup.
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
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