Broadening Wedge

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Chartreaderpro Chartreaderpro AVGO, 240, Long ,
15 0 0
AVGO, 240 Long
BROADCOM Long Opportunity

CHART TIMEFRAME: DAILY PATTERN : BROADENING WEDGE Details as described on the chart. DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.

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Broadening wedge earnings play

USM is now in a broadening wedge pattern. Past volatility has proven profitable, hence my long order is till 50 MA and my short order is till the last low.Also, the volume has decreased showing there maybe a large breakout about to come and the Coppock curve is in a horizontal pattern and has also gone negative so it may rebound and go positive.

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