AVGO stock | Rebound | Patten reversal

 

5 min chart

Purchased time 11:27 AM, bar count 127 - 100 shares

bar count 127 - 11:27 AM Purchased time

bar count 130 - BE - possible reversal

bar count 131 - 134 - downtrend 

bar count 135 - rebound with confidence

Get in using 1 min chart - 5 bars ahead of time - bottom - bar count 135

Support zone - From 323/ share - 330 / share, 5 min chart showing the support zone - green color 

This is a pirate style investment. I googled and copied AI result to the blog:

https://juliachencoding.blogspot.com/2026/03/pirate-investment-must-fail-in-long-term.html

It is a not good idea to trade like a pirate. 

Key Reasons for Long-Term Failure of Speculative "Pirate" Investing:

• Lack of Fundamental Value: Unlike legitimate, long-term investments that grow with the economy, speculative "pirate" investments are often based on hype, fear, or illegal activities like hijacking (as was the case with the 2009 Somali pirate stock exchange), which have no sustainable, long-term foundation.
• High Transaction and Risk Costs: Frequent, high-stakes trading often involves significant, hidden costs and high risk of losing 100% of the invested capital.
• Emotional Decision-Making: Speculative investing is driven by fear and greed, leading to "buying high and selling low," which is the opposite of a sound, value-based investment strategy.
• Failure of "Get Rich Quick" Schemes: People often lose money by engaging in "pirate" investing, chasing high-returns without understanding the fundamentals of the market, with most, if not all, of their gains evaporating during market downturns.