@ICMakesTrades
YouTube
Avg. Quality
72
Success Rate
41.70
Analysis
283
Correct
118
Fail
153
Pending
9
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Correct
AVGO
Long Entry
342.4700
2025-11-17
05:27 UTC
Target
347.7600
In 9 Hours
Fail
324.6200
Risk/Reward
1 : 0
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Final PnL
1.54%
P/L: —
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The market is showing a mixed but overall bearish sentiment on the hourly chart. AVGO is exhibiting a descending channel with potential support at 324.62. A bounce off this level is expected, with a target of 347.76. QQQ is also showing a bearish trend, with a potential support at 592.76. The immediate trend for both is bearish, but long-term investors might find current levels attractive given the past upward momentum. The key levels to watch for AVGO are 324.62 (support) and 347.76 (resistance), and for QQQ, 592.76 (support) and 603.17 (resistance). The overall market sentiment suggests caution for short-term traders.
