
$AVGO, the stock of Broadcom Inc., has reached new all-time highs, with bullish sentiment reflected in recent trading activity. Analysts noted a daily breakout and a bullish inverse head and shoulders pattern, suggesting positive momentum for the stock. Options trading has also been active, with traders purchasing $AVGO 185 calls at an average price of $1.20, which later increased to $2.15, indicating a potential reversal in the stock's price. Some traders are holding positions into the next week, with targets set at various price levels including $182, $185, and $190. Profit-taking has also been observed among traders, further demonstrating the stock's upward trajectory.


