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AVGO is set up for aggressive dip entry at ~$394.57, with additional support near $386.65.
Analyst's reasoning:The selloff is framed as creating a level where buyers previously showed up, making $394.57 the key aggressive entry. A more conservative entry is placed lower at $386.65, while the prior gap at ~$426.67 is described as no longer relevant.
“The 10-Year Yield Is Breaking Markets — Here's What Happens Next”
Jun 5, 2026
BEAR CASE
FundamentalSwing
AVGO sold off after earnings, down about 12.6%, and the drop adds risk of a broader pullback.
Analyst's reasoning:Broadcom’s post-earnings selloff is cited as part of the after-hours news hitting technology. The speaker later flags big AVGO drops alongside growth slipping out of favor, making further profit-taking more likely.
"AVGO’s results failing to meet expectations for the AI surge triggered a sharp drawdown, with shares down about 16% and roughly $300 billion in valuation wiped quickly."
