Three Charts | $IREN Must Hold $35, $HIMS Needs $27, $AVGO Eyes a Rebound
Three bullish setups, three key levels to watch.
The bigger picture remains constructive, but support needs to hold for the bulls to stay in control.
🔹 $IREN Ltd(IREN)$
Both internal and external structures remain bullish, but the $35 swing low is critical. If that level breaks, things could get dicey quickly. Bulls need to defend it. 🤞
🔹 $Broadcom(AVGO)$
The macro structure remains bullish, and I’m still holding some shares. I plan to average down if price reaches the bullish Smart Money Zone.
Best-case scenario: a move back into the Institutional Sell Zone before another rejection. An early breakout would be great, but I’m preparing for the less favorable scenario. 👌🏻
🔹 $Hims & Hers Health Inc.(HIMS)$
Price continues to compress. Today’s 5% selloff could be a stop hunt, but that’s not confirmed.
The key level is $27 into the end of the week. As long as the swing low holds, the bullish setup remains intact. A break below it would change the picture. 🚀
The takeaway: Stay constructive, but respect the levels. The bullish thesis remains alive as long as key support holds—if it breaks, reassess.
Markets are always moving - and sometimes, the best move is knowing what works for you.
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