@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.