To The Moon

$Broadcom(AVGO)$ This is pretty simple. Hock Tan has said Anthropic will be Broadcom's biggest customer over the next several years. So Anthropic's IPO is extremely bullish for Broadcom, period.

$Broadcom(AVGO)$ Bullish sentiment is picking up. Bulls need to take control of this board this week. Bears are stuck here while it just moves sideways, and it is pretty obvious there is no money to be made when other stocks dropped 40 points last week. Time to move on.

$Broadcom(AVGO)$ NOV20 330C, still actionable. Zone: $319.43 to $323.93 Invalidation: close under $310 Objectives: $341, then $360 The math: up 6.0% to the first objective and 11.9% to the second, against 3.6% risk on the invalidation, better than 3 to 1 to the second. This is a swing setup, and the picture is simple. Broadcom closed Friday at $321.68, holding near $320 for a second day after falling about a fifth since April, with its next earnings not due until December, after this contract expires. If that footing holds, the walk back toward $341, then $360, is open, and a close under $310 tells you the idea is wrong. P.S. Analysts still rate Broadcom a strong buy, even after the fall.

$Broadcom(AVGO)$ Spent the back half of last week sitting right around $320 after Thursday's ~4% drop. Honestly, I think Wednesday's Alphabet call matters more for it than anything Broadcom says itself. If Google sounds confident on TPU demand, the worry about it spreading chip work to other designers probably cools off. If the capex talk gets shaky, it likely goes down with the rest of semis. I'm long AVGO, so factor that into my read.

$Broadcom(AVGO)$ A smart trader takes the good with the bad instead of arguing with the bulls. Day trading requires all the info posted here. I have blocked a few people with shares who were day trading, and they probably have regrets now. Just stating facts.

$Broadcom(AVGO)$  52 week lows are within sight. I'm happy to be accumulating shares here. High conviction buy and hold.

$Broadcom(AVGO)$ Very confident anyone buying here will be very happy they did by early next year, if not a lot earlier. But that doesn't mean they can't screw us over tomorrow.

$Broadcom(AVGO)$  Price has reached the top of the gap, and RSI is also oversold and diverging.

People like to pile on Siri and Apple's AI work, but $Apple(AAPL)$  has stayed calm through all the AI and macro pressure, sitting at all-time highs.

$Broadcom(AVGO)$  I don't see how anyone can look at 4M quarterly revenue and a 1M market cap before Q3 and not see the disconnect. The market is asleep on this one.