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Bullish Base Setting Up in Top Semiconductor Primed for Run at New Highs

Bullish Base Setting Up in Top Semiconductor Primed for Run at New Highs

by | Mar 21, 2022 | Chart SetUps

Broadcom (AVGO) shares consolidating in a nice multi-month range under $620 and the top of February value with a breakout on watch for a run up to $680. Shares are hitting the weekly ‘ready to run’ scan with improving momentum and both MACD and RSI nearing a positive inflection.