:max_bytes(150000):strip_icc()/AVGOChart-db8db18893ca430fa89f5d1b922b4d1a.gif?ssl=1 "Watch These Broadcom Stock Price Levels After Post-Earnings Slide")
Key Takeaways
- Broadcom shares fell sharply Friday, one day after the chip giant delivered results and an outlook that were largely in line with Wall Street estimates.
- Profit-taking had crept into the stock Thursday on the highest volume in around two months after the stock hit a record high this week, setting the stage for today’s selling.
- The relative strength index recently climbed above 80, a reading that coincided with major tops in the stock in December and June last year.
- Investors…
Article Source
https://www.investopedia.com/watch-these-broadcom-stock-price-levels-after-post-earnings-slide-11749568
