Additional Price Target Added to the AVGO Trade IdeaFor those that prefer targeting relatively quick/shallow gains, I've added one additional price target at 138.63 (now T1), resequencing the previous two targets as T2 & T3.AVGO daily May 4thThis weekly chart indicates that there is most likely plenty of downside left on AVGO in the coming weeks & months.AVGO weekly May 4th0Related posts:AVGO Trade Setup Entry Triggered Short Trades Category Updated AVGO First Price Target Hit AVGO Short Trade Setup Shorting AVGO May 4, 2016 12:30pm|Categories: Completed Trades - Short|Tags: AVGO|3 CommentsYou are welcome to share any free content (member restricted content requires registration)FacebookTwitterLinkedinRedditTumblrGoogle+PinterestVkEmail 3 Comments Gaucho May 23, 2016 8:28 am at 8:28 amHi Randy, which is the suggested stop for AVGO? Today with some news have started to go up Regards0 rsotc May 23, 2016 10:24 am at 10:24 am@Gaucho– The suggested stop for AVGO is a close above 153.50 (from the original setup: http://rightsideofthechart.com/avgo-trade-setup/ What happened was that AVGO continued higher when the setup was posted & did not trigger an entry (on a move back below 149.00) until April 22nd. Despite the recent strength in AVGO & the semis, the weekly chart on AVGO still looks quite bearish IMO although we need to see a weekly close below this primary uptrend line to sharply increase the odds of a move down to the 116.65ish level sometime this year. 0 Gaucho May 26, 2016 6:52 am at 6:52 amHi, yesterday the stop 153.50 was reached. Regards0Comments are closed.