AVGO NVDA SOXX Analysis 08/09/26
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Executive Summary
⚠️(SKIP TO BELOW VIDEO IF YOU DO NOT PREFER TO READ)
$AVGO appears to be approaching exhaustion after its rebound from the semiconductor selloff. Nvidia topped first on May 14, followed by Broadcom and then the broader $SOX complex on May 22. From the subsequent bottom, $AVGO reached the previously projected $360 target an…