See how the Broadening Formation is playing out for AVGO. View live chart.
Expanding volatility. Sign of instability.
Gradual reversal from bearish to bullish.
A clear signal has emerged for Broadcom (AVGO) on the daily chart. The stock is trading at $380.78, up 0.27% on the day. Our AI has detected a valid Rounding Bottom pattern. This setup is supported by average volume turnover. A potential breakout level is identified at $382.28, targeting $474.6 with support near $336.12 (R:R 2.0).
What is your outlook on AVGO?