DEXWireNews

Broadcom Ltd (NASDAQ: $AVGO) Growth Momentum

Long
BATS:AVGO   Broadcom Inc.
Price Momentum
AVGO is trading near the top of its 52-week range and above its 200-day simple moving average.
The 50-day Moving Average is above the 200-day moving average meaning AVGO may continue its Bullish Trend.

AVGO 's 50-day moving Average crosses the 100-day Moving Average indicating a partial "Golden Cross".

Investors have been pushing the share price higher, AVGO still appears to have upward momentum. This is a positive sign for $AVGO.

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