$AVGO | Broadcom – Institutional DSS Projection

AVGO | Broadcom – Institutional DSS Projection

Price has broken out of the descending channel and is testing early reversal confirmation.

Immediate resistance: $340.50 – $345.51

Mid-term target: $358.82 (Fib 2.618)

Extended projection: $379.42 (Fib 4.236)

Institutional model suggests accumulation in this zone, with upside momentum building if $334 support holds. Downside invalidation below $328.

📊 Watching for liquidity rotation from semis back into megacaps. AVGO aligned with tech-sector resilience ahead of earnings season.