$Broadcom (AVGO.US)$ all down except avgo. just how much did...
$Broadcom (AVGO.US)$ all down except avgo. just how much did the market spend to push the price. pure market manipulation just because this is the new pet of the analyst
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Juhil Patel : no manipulation..... retailers drive these days so it was expected!!!!! we still have 3 more days to go before institutional investors are back and I'm sure this will hit easy 260-270 since retailers only want it to go up ..........this will be dumped 1st week of January or second by latest
Freedom92 OP Juhil Patel : Just doesn’t make sense for a stock to go upwards for 2 weeks. Even Nvidia do not have this kind of rocket soaring price which at most the hype will end after 2-3 days
Juhil Patel Freedom92 OP : with hype, stocks do
i can give you many examples, so many examples!!!! so many has the mindset we are still in the strong bull market so most are just enjoying the ride and going with swing trading .....but this is definitely retailers because XLs and Ls have net outflow while smalls and mediums are going in!!!!
Huang he : They have two key technologies, virtual machines and customized AI chips. Now they lack foresight as it is a bearish outlook.
Juhil Patel Freedom92 OP : also, these days market and stocks tend to go up on lower volume and retailers don't usually sell the highs
Juhil Patel Huang he : undoubtedly, they're doing great and have an amazing future but the earnings didn't deserve the move we just witnessed..... it's trading at almost 200 PE!!! eventually it'll come down, too!!!
Tyler0710 : I told you it will go up continuously last week. It will continue to up till new high