$AVGO reports after the close. The entire bull case rests on a dollar and five cents. Anyone who bought Broadcom over the past year paid $368.63 on average. It closed yesterday at $369.68. That gap is the whole cushion. What got it there was sentiment. VMware's AI launch and a wave of earnings previews all landed on 8/31, pulling the optimism forward. The money went the other way that same day — $1.05B in sell orders against $940M in buys. Not a wide margin, but sellers led. Nina agrees with the bullish read. It's position, though, not strength: Broadcom has trailed the market by 6.8 points over the last 20 days. It's holding above that cost line not because buyers are showing up, but because nobody has pushed it down yet. So the real signal today isn't the size of the beat. It's where it closes afterward. Under $368.63, that read fails. The next level with anything behind it is $350.06 — 5.3% below yesterday's close. NFA.