Here’s Why We Had To Short Broadcom This Morning
If you see a gap, a
declining trendline, and a bear flag on a chart, I bet you will short the stock
without hesitation. This morning, Broadcom (BRCM) had all of
them.
09:46:07
Broadcom (BRCM) is testing the lower boundary of a bear flag on
the daily chart. BRCM is at 30.30, down 0.80.Â
Now look at the 3-minute chart. It also formed a bear flag shortly after the gap
down opening and gave us a short selling opportunity.
 I like multiple signals!