Broadcom’s stock price edged higher in latest intraday trading, boosted by trading above the 50-candle SMA, and with a strong ascending wave in the short term, but countered with negative signals streaming out of the Stochastic after reaching overbought levels.
Therefore we expect the price to rise in upcoming trading, as long as the support of $211.20 holds on, targeting the pivotal resistance of $251.09.
Today’s price forecast: Bullish
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Article Source
https://www.economies.com/stocks/united-states-analysis/broadcom-price-rises-cautiously–forecast-today–21-05-2025-118196
