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StockBrosResearch
Oct 5, 2020 6:19 PM

Broadcom Should Break Out Soon Long

Broadcom Inc.NASDAQ

Description

NASDAQ:AVGO is repeating the same pattern from 2 months ago before it broke out. Look for entries near trend line supports or on a break out. Support and resistance levels are clearly marked via the trend lines. Also, when the ADX crosses bullish it will be an extra long indicator.

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Looks ready to test 52-week highs.
Comments
AnaBloemkool
nice analysis. AVGO is also close to 52 weeks high which makes it even more ready for a breakout
zAngus
Nice call
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