Can AVGO Maintain Its Momentum Above $179?
- Summary:
- Broadcom stock rises to $179.24, Can AVGO sustain its bullish momentum or face a pullback? Read the latest analysis here.
Broadcom (AVGO) shares are on the rise today, trading at $179.24, up by 4.20% from yesterday’s close. The stock is making a significant attempt to reclaim lost ground as it approaches a key resistance level. Broadcom has been bouncing between support and resistance, keeping traders alert to the potential next move.
Broadcom Resistance Levels
- The first major resistance is at $186.46, which coincides with past highs and could act as a ceiling if bullish momentum fades.
Broadcom Support Levels
- Immediate support is found at the 20-day EMA, sitting at $175.62.
- The…
