Broadcom may rise to 201.00 - 210.30

Our pivot point stands at 155.

Our preference

The upside prevails as long as 155 is support.

Alternative scenario

Below 155, expect 139.8 and 130.8.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 164.0378 and 158.4565).

Supports and resistances

219.9 **

210.3 *

201 **

191.7

170.66 (USD-last)

161

155 **

139.8 *

130.8 **

Number of asterisks represents the strength of support and resistance levels.