Broadcom (AVGO) was upgraded to a buy recommendation by TheStreet.com's quantitative service. Prices have traveled a long way from the March low but are making a breakout to new highs. Do higher highs lie ahead? Let's check out the charts and indicators of this manufacturer and global supplier of semiconductor and infrastructure software products.
More from Investing
Aggressive trading is not inconsistent with a cautious market approach.
Among the things to watch: How Q3 demand is trending for markets such as smartphones, online advertising, streaming and e-commerce.
There is little for prudent market players to do but to stay with the trend, even if it feels silly to do so.
We will anticipate, that's how the market works. No matter how we spin it those are anticipatory moves.