AVGO- Broadcom share prices jumped from its previous close at 276.15 and opened today's session at 281.85. AVGO shares maintained its position well above 280.20 support level and finished the trading session at 283.37 up 2.65%.
The share prices currently rest at around 284.70 support level and a crucial long term resistance trend line which could determine its next move. AVGO share prices need to break and hold above the long term resistance trend line to proceed to its next target at 289.20. Share prices could retreat to 280.20 if it fails at 284.70. Price targets are estimated at 289.20, 295.45, and 300.00
The share prices currently rest at around 284.70 support level and a crucial long term resistance trend line which could determine its next move. AVGO share prices need to break and hold above the long term resistance trend line to proceed to its next target at 289.20. Share prices could retreat to 280.20 if it fails at 284.70. Price targets are estimated at 289.20, 295.45, and 300.00
