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“AVGO - Sitting on key support and the 50 day MA - buyable here. Next support is the trendline near $150.”
@billy_invests
Hyperscalers are still spending billions on AI infrastructure, making this market panic a perfect gift to buy Broadcom right at its 50-day moving average.
AVGOLONG@ $368.86
$380.19+3.07%
since call Jul 7
peak +7.9%
“Long-term I'm still very bullish on AI and I think this pullback is a gift.”
@billy_invests
Long the iShares Semiconductor ETF (SOXX) as the recent sell-off is merely profit-taking and a valuation reset, while AI supercycle fundamentals and hyperscaler capex remain fully intact.
SOXXLONG@ $545.42
$494.59-9.32%
since call Jul 7
peak +5.4%
TIMESTAMPS
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