AVGO Wedge Breakout Analysis

Live breakout scanner data · Updated every 10 minutes

B BEAR Technology · Semiconductors

AVGO is currently showing a bearish wedge compression on the 30-minute timeframe, graded B by the UnxEdge scanner. The current breakout level is $355.24, currently 0.01% away. This pattern has shown a 1.7x profit factor across 16 backtested trades.

Current Setup

Close$355.00 -0.75%
Breakout Level$355.24
Distance to Level0.01%
RVOL0.7×
Pressure52
PatternChannel

Trade Plan

Entry$354.39
Stop$356.41
TP1$352.37
TP2$350.35
TP3$348.33

Chart

AVGO breakout scanner chart

Backtest Performance

Win Rate
63%
Profit Factor
1.66x
Avg R
+0.25R
Trades
16
Recent results
DateSideGrade EntryStopTargetExit ResultRBars
Jul 17 BEAR A- $365.29 $370.81 $359.78 $370.81 LOSS -1.00R 2
Jul 15 BULL A- $397.72 $393.26 $402.18 $393.26 LOSS -1.00R 2
Jun 25 BEAR A- $374.85 $380.63 $369.08 $380.63 LOSS -1.00R 2
Jun 23 BEAR A- $391.30 $395.25 $387.35 $387.35 WIN +1.00R 2
Jun 9 BEAR A- $389.63 $394.11 $385.14 $385.14 WIN +1.00R 2
May 28 BULL A- $426.76 $421.84 $431.67 $431.67 WIN +1.00R 9
May 27 BULL A- $426.76 $421.84 $431.67 $421.84 LOSS -1.00R 2
May 21 BEAR A- $410.78 $414.31 $407.26 $414.31 LOSS -1.00R 3
May 14 BULL A- $420.27 $416.29 $424.24 $424.24 WIN +1.00R 2
May 5 BULL A- $424.43 $421.38 $427.47 $427.47 WIN +1.00R 2
Apr 17 BULL A- $400.11 $397.58 $402.63 $402.63 WIN +1.00R 2
Apr 7 BULL A- $315.39 $312.01 $318.77 $318.77 WIN +1.00R 2
Apr 2 BEAR A- $310.05 $312.46 $307.64 $312.46 LOSS -1.00R 2

Recent Setup History

DateGradeSideBreakoutDistPressureResolution
2026-10-12 B BEAR $355.24 0.44% 52 —
2026-10-09 B BULL $365.32 0.98% 82 —
2026-10-08 A- BULL $376.97 1.62% 56 —
2026-10-08 A- BULL $376.97 0.13% 64 —
2026-10-08 A- BULL $376.97 0.13% 64 —
2026-10-08 A- BULL $376.97 0.13% 64 —
2026-10-08 A- BULL $376.97 0.13% 64 —
2026-10-07 A- BULL $376.97 0.13% 64 —
2026-10-07 A- BULL $376.97 0.13% 64 —
2026-10-07 A- BULL $376.97 0.13% 64 —

Bot Activity

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