May 10, 2025, 05:38 am ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for AVGO
- Buy AVGO near 173.64 target 210.12 stop loss @ 173.14 Details
The technical summary data tells us to buy AVGO near 173.64 with an upside target of 210.12. This data also tells us to set a stop loss @ 173.14 to protect against excessive loss in case the stock begins to move against the trade. 173.64 is the first level of support below 208.2 , and by rule, any test of support is a buy signal. In this case, support 173.64 would be being tested, so a buy signal would exist.
- Short AVGO slightly under 210.12, target 173.64, stop loss @…