Broadcom (AVGO) has an upcoming earnings report scheduled for Dec.5 This also happens to be a stock that investment power house Nancy Pelosi is currently holding a position in and with the rise of similar stock NVDIA earlier today, I suspect AVGO to have enough catalyst fuel to power this Daily time frame dip buy opportunity off of the 22EMA. I plan on entering this position tomorrow IF AVGO goes green on the daily time frame AFTER a bearish start to the morning to take out any left over liquidity (previous-day lows, post-market lows, pre-market lows) and I plan to hold this buy position anywhere between 1-4 weeks depending on how the daily time frame CLOSES along the way... No Price targets.
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