This week decides which path $AVGO takes. Friday closed at $293.69. Right at the green line at $294.98. Premarket is back above it at $302.39. The bold arrow played out. The break below $322.22 sent price straight into support. The grey arrow is invalidated. The stock trades far below the 200 SMA at around $367. The bigger trend is in a correction. Lower highs at $434.20 and $381.19. This is a 50/50 setup. Premarket leans to the upside. Holding $294.98 keeps the floor intact. Then the zone up to the red line at $381.19 comes into play. A daily close below $294.98 opens the zone further down. On the 4h chart, a reclaim of $351.97 would be the first sign the trend is turning positive. To make it sustainable, Broadcom needs to reclaim $381.19. That opens more upside. My last buy was at $296.