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Broadcom (AVGO) Weekly Bull Setup

Broadcom (AVGO) Weekly Bull Setup

by | May 17, 2022 | Chart SetUps

Broadcom (AVGO) showing relative strength on the weekly timeframe for the third straight week and nearing a bullish wedge breakout above $620 that targets new highs and a run to $800. AVGO has seen MACD pull back and starting to curl higher now with a potential bullish crossover soon and longer-term buy signal.