
$Broadcom(AVGO.US)
Broadcom technical outlook looks interesting here. The price is attempting to reclaim the 20 and 50 EMA after a period of consolidation. If AVGO can hold above the short-term moving averages, momentum may continue toward the previous resistance area around 360.
The long-term trend still looks healthy with price trading above the 200 EMA, which suggests the overall structure remains bullish. Watching closely for a breakout confirmation and higher volume.
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