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Semiconductor ETF (SMH) and AVGO Weekly & Daily Chart Analysis

Steve MillerApr 19, 2026

Steve Miller analyzes the Semiconductor ETF (SMH) and Broadcom (AVGO), noting both are showing strong upward momentum and have recently moved to new highs. He suggests both are still early in their respective moves and expects further upside.

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Tickers discussed in this post

AVGOBullishHigh ConvictionSignal-backedPrimary

AVGO shows a similar strong setup to SMH, breaking out and likely to continue higher after a period of consolidation.

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Tracked calls opened from this post

AVGO
buy opened Apr 19, 2026
+18.46%