Broadcom Inc.
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Broadcom is preparing to breakout to 241

316
Daily chart
The stock AVGO is drawing a double bottom chart pattern between the lines Resistance R and Support S.
The price may re-test the support line S1, then rebound to hit the Resistance line R.

Trading above line R (at around 187) for 2 days, the target will be 241
Technical indicator RSI is supporting this bullish scenario.

Consider the Stop Loss below the ascending line S1; and raise the level as the price goes up.

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