Broadcom's most recent trend suggests a bullish bias. One trading opportunity on Broadcom is a Bull Put Spread using a strike $39.00 short put and a strike $34.00 long put offers a potential 13.12% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $39.00 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $4.42 would be incurred if the stock dropped below the $34.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Broadcom is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Broadcom is bullish.
The RSI indicator is at 58.19 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Broadcom
Market losers: Sarepta & Tesla
Mon, 27 Oct 2014 19:15:00 GMT
Broadcom (BRCM) in Focus: Stock Adds 5.5% in Session
Thu, 23 Oct 2014 11:26:22 GMT
Zacks – Broadcom Corp. (BRCM) was a big mover last session, as the company saw its shares rise nearly 6% on the day.
Broadcom shares gain after profit beats expectations
Wed, 22 Oct 2014 23:04:00 GMT
17 trades in 91 seconds
Wed, 22 Oct 2014 23:00:00 GMT
Stock Pops & Drops: IRBT, ANGI, VMW & BRCM
Wed, 22 Oct 2014 21:45:00 GMT
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