Sell signal — confirmation week closes bullish
Broadcom week 2 of sell signal: bullish confirmation, discipline calls for caution
Sell signal — confirmation week closes bullish
In Summary
Broadcom is in week 2 of a sell signal, with the quality band flagging trading as not recommended: the stock still trades 68% above its 200-week moving average and the setup quality indicator stands at 77 out of 100, in tension. The confirmation week closed bullish — and the discipline of our model draws one clear conclusion from this: exit the open short position.
IQS Phase
77
in tension
Signal Strength
50
moderate weekly drop
Sizing
STANDARD
Ranking
#27 / 131
US stocks sell signals
Trade P&L %
+4.46%
from signal to today
restricted Platinum content