Broadcom Inc (NASDAQ:AVGO) stock was last seen down 3.9% to trade at $181, on track for its third-straight daily drop as the tech sector struggles. Though shares have dropped 21.5% so far in 2025, they still sport a 36.6% year-over-year lead. Plus, a historically bullish signal now flashing indicates AVGO could soon rally.
According to Schaeffer’s Senior Quantitative Analyst Rocky White, the equity is trading within one standard deviation of its 200-day moving average, a move…
Article Source
https://finance.yahoo.com/news/chip-stock-topple-technical-resistance-170101806.html
