Morning Trend | Broadcom Accelerates Volume Dump, Is the Short Position Continuing or Is Bottom-Fishing Capital Coming In?

Broadcom (AVGO.US) saw a significant increase in trading volume during yesterday's session, exhibiting a weak downward pressure pattern throughout the day, with large orders frequently cashing out at high prices, leading to a dominant bearish atmosphere. The current stock price has consecutively fallen below several important short-term moving averages, and market sentiment has noticeably cooled. The combination of "selling pressure + increased volume" has caused some long-term holdings to loosen, giving short sellers a temporary advantage. However, there are signs of warming support at the lower end towards the end of the session, with some left-side bottom-fishing funds entering the market slightly. The competition between bulls and bears has intensified, and a new round of struggle is brewing between continued bearishness and a rebound window. On the industry front, the AI chip and hardware sector has recently experienced high-level differentiation, with funds shifting from the strong leader Broadcom to thematic new stocks and low-position rebound targets. The loosening of holdings is due to the combined release of internal and external macroeconomic headwinds. Although there are some industry positives in the news, they have initially impacted the valuation clustering effect of the sector, leading to increased market risk aversion. However, considering Broadcom's institutional holdings and fundamental support remain solid, if a "oversold + support" indicative signal appears in the short term, it may attract right-side funds to position themselves, leading to a technical rebound. In the future, attention should be paid to whether the $220 area can form effective support. If the selling volume converges and market sentiment marginally improves, a short-term rebound window may open. However, caution is needed regarding the risk of a late-session volume plunge or a second wave of market sell-off leading to further losses. If there is an increase in support during today's session and signs of capital inflow against the trend appear, one could consider testing small positions for left-side bottom-fishing, paying attention to intraday volume and signals of a stop in decline from leading tech stocks