To The Moon

$Broadcom(AVGO)$  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.

$Amazon.com(AMZN)$  The pullback reached the Daily Blue Box area and set up a strong swing-buying opportunity. Longs were able to move to risk-free positions.

$Broadcom(AVGO)$  NOV20 350C is still actionable. Zone: $335.44 to $340.16 Invalidation: close under $330.80 Objectives: $360, then $380 The math: up 6.6% to the first objective and 12.5% to the second, against 2.1% risk on the invalidation, better than 6 to 1 to the second. Broadcom fell from near $380 early this month to $328.75 last week, held above $330.80 on Tuesday, and closed Wednesday at $337.80, up 1.0%. Sellers pushed hard and the floor stayed put. If that floor keeps holding, the path back toward $360 is ground this stock already covered not long ago. P.S. Watch $341.10 first. That was Tuesday's high, and a close above it would show buyers paying up again.

$NVIDIA(NVDA)$ $Invesco QQQ(QQQ)$ $Micron Technology(MU)$ $Broadcom(AVGO)$  The 10-year bond yield is coming down and crude oil is still up. There's a pullback here that looks like a buying opportunity. I'm watching for lower lows and buying the dip. The bond market is what really needs attention here.

$Amazon.com(AMZN)$ NOV20 270C, still actionable. Zone: $260.50 to $264.20. Invalidation: close under $256. Objectives: $278, then $287. The math: up 6.0% to the first objective and 9.4% to the second, against 2.4% risk on the invalidation, better than 3 to 1 to the second. Think of a heavyweight who took a long rest, then quietly climbed back to the top of his range. That's this swing setup. Amazon jumped about 5% on Monday and held near $262 for two more days instead of giving it back, which means buyers are defending the ground they just took above the 50-day average near $256. Earnings land on October 29, and what that really tests is whether the cloud business can keep growing fast enough to carry all that spending, so holding over $256 i

$Broadcom(AVGO)$ Don't worry about the after-hours action, it's just the settlement period. We should get a clearer picture in the next session. That is, unless Mr. T does something unexpected.