Broadcom stock is in a downtrend, but we believe this is part of the current substructure that should end soon. The turquoise five-part move should still reach around $1040 in the long term.
However, it is essential to remember that the stock would fall further if it breaks below the support at $812, which we consider 36% probable.
However, it is essential to remember that the stock would fall further if it breaks below the support at $812, which we consider 36% probable.
