AVGO (4H): Rejected at 350-345 and still trading under the descending trendline. Distribution overhead persists into 370 where heavy sell programs hit. If buyers can absorb above 345, momentum can shift; otherwise, watch the 316 gap and the 300-290 base for further absorption.
* Upside targets: 370 first; extension 390 on a clean break and hold above 370.
* Downside targets: 316 gap fill; extension 300-290. A failure there opens 249.
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