AVGO is heading towards a line of 242.0100. If this movement continues, the price of AVGO could test 242.0100 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
Supports and resistances are primary concepts of technical analysis. AVGO is heading for an important price of 242.0100 – read about what this could mean for the future.
