AVGO -Symmetrical triangle -Daily - Unusual volume

**Broadcom Inc. (AVGO)** chart and presents a technical analysis of the stock on a daily timeframe.

Key highlights:

1. **Bullish Pattern**: The chart seems to show a series of bullish moves with higher highs and higher lows, which are connected by yellow lines. This pattern may be interpreted as an symmetrical triangle, a bullish continuation pattern.

2. **Breakout**: A breakout is indicated on the right side of the chart, which seems to have occurred on **high volume**, further supporting the bullish momentum.
Retested the breakout trendline and bounced.

3. **Measured Move Projection**: The breakout projection indicates a potential price target of **$227.78**, which is calculated from the height of the triangle (about $60.12 from the low). This is approximately **48.25%** higher than the start of the upward move.

4. **Stop-Loss (SL)**: A stop-loss level is mentioned around **$165**, to manage risk in case the breakout fails.

5. **Volume**: A significant increase in volume is noted at the breakout, which adds confidence to the strength of the move.

### Potential Scenario:
- If the breakout holds, the target of **$227.78** could be achieved in the next rally.
- However, a pullback or consolidation near **$165** could be possible before the price moves higher.