Broadcom Stock Surges 10% Post-Split, Bullish Indicators with 12 Days to Go

Broadcom Inc. (AVGO) has experienced a notable surge in its stock price, rising by 10% following the announcement of a stock split. The stock is currently finding support around its 21-day EMA and has shown strong bullish indicators. Technical analysis suggests that the 10-day moving average is pointing down to 1643.4, with key resistance levels at 1700 and 1750. The stock has moved from the 1560s to the 1660s and is showing potential for further gains. Investors are optimistic about the stock's performance, with some holding positions and anticipating a significant upward movement. The stock has an 80+ point base and there are 12 days to go for further bullish momentum.