Broadcom AVGO stock was a bearish candidate that came up on one of my Barchart Stock Screeners having broken below the 200-day moving average.
Here are the full parameters for the screener and the results.
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Today, we’re going to look at a Bear Put spread trade that assumes AVGO will continue to move lower since breaking through the 200-day moving average.
A Bear Put spread is a bearish trade…
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https://www.tradingview.com/news/barchart:11e53f297094b:0-broadcom-bear-put-spread-could-return-156-in-the-next-seven-weeks/