Key Takeaways Broadcom shares surged in premarket trading Friday after the chipmaker posted better-than-expected quarterly results, boosted by strong AI demand. The price looks set to break out above a symmetrical triangle, signaling a continuation of the stock’s current uptrend. The measured move technique projects a bullish target of $349. Investors should watch crucial support levels on Broadcom’s chart around …
Read More »Broadcom Stock Soars as AI Demand Drives Strong Earnings—Crucial Price Levels to Monitor
:max_bytes(150000):strip_icc()/AVGOChart-2b8fe0009eb440ddb8cc7c77d8491a79.gif "Broadcom Stock Soars as AI Demand Drives Strong Earnings—Crucial Price Levels to Monitor")