Thursday, September 20, 2018 12:53:36 PM
Broadcom $AVGO Upside Target & Short Level Revealed
Shares of chip maker Broadcom (AVGO) are climbing higher again today. They are significantly above their July lows of $198, currently trading at $245.00. Based on technical charting, Broadcom will continue to move higher until it gets to about $265. Once there, a maximum upside level will be tagged and the stock will likely pull back sharply. Investors who are long can remain long until $265. Those looking for shorts be patient until that level.
Gareth Soloway
InTheMoneyStocks
Shares of chip maker Broadcom (AVGO) are climbing higher again today. They are significantly above their July lows of $198, currently trading at $245.00. Based on technical charting, Broadcom will continue to move higher until it gets to about $265. Once there, a maximum upside level will be tagged and the stock will likely pull back sharply. Investors who are long can remain long until $265. Those looking for shorts be patient until that level.
Gareth Soloway
InTheMoneyStocks
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