From market analysis the price for this Stock - Broadcom - seems it has reached it highest point last December and now is in a correction phase, Elliot wave ABC. Today it has opened with a price GAP which in my analysis seems it is a continuation gap which occurs in the middle of the trend in this case: downtrend.
In my opinion go short and target would be in the are of previous low; 228.
*** This is not an investment advice ***
In my opinion go short and target would be in the are of previous low; 228.
*** This is not an investment advice ***