Broadcom Inc.
Long

Broadcom

284
Uptrend

The chart has confirmed a new uptrend by moving decisively above the 185 level after breaking a descending trend line. Subsequently, another price level has been breached. The small pullback observed after this breakout could indeed signal a continuation of the upward movement towards the next target around 237.

Remember to always implement a reliable stop-loss (SL) for any long positions. You might consider placing it around 192 or setting it according to the specific rules of your trading strategy.

Good luck.

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