Short Thesis - AVGO Ascending Wedge
AVGO has gone parabolic recently and is now in the top 10 biggest market caps, so it's important. It had a big rejection after breaking above the wedge and is not back down in it. A rejection like that is usually quite bearish. This thing has nearly gone straight up, the correction will be significant when it happens.
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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