Bullish with high expectations. Broadcom (
AVGO) is at $269.35, down 0.30% daily but up 11.28% monthly, as shown in the finance card above. X posts and analyst upgrades (HSBC to $400, Bernstein to $295) reflect strong optimism, driven by AI chip demand (projected $28.4B in 2026, $42.8B in 2027) and 25% YoY infrastructure software growth. Technicals show a bull flag breakout, targeting $276.84-$400. However, insider sales ($10.5M by CEO, $13.1M by CLO) and a high valuation (45x trailing earnings) suggest caution. Support is at $266.88; resistance is at $271.85. A break above $271.85 could push toward $295; a drop below $266 risks $260
AVGO) is at $269.35, down 0.30% daily but up 11.28% monthly, as shown in the finance card above. X posts and analyst upgrades (HSBC to $400, Bernstein to $295) reflect strong optimism, driven by AI chip demand (projected $28.4B in 2026, $42.8B in 2027) and 25% YoY infrastructure software growth. Technicals show a bull flag breakout, targeting $276.84-$400. However, insider sales ($10.5M by CEO, $13.1M by CLO) and a high valuation (45x trailing earnings) suggest caution. Support is at $266.88; resistance is at $271.85. A break above $271.85 could push toward $295; a drop below $266 risks $260
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.