AVGO About To Explode Before Earnings? $462 Target In Play Cavs Vs Pistons [O92sLsDtftv]
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Broadcom Stock: Final Push Before Earnings? AVGO Squeeze, Targets & Trade Setup
Broadcom (AVGO) is entering the final push before earnings, and it has a powerful setup traders should be watching closely.
In this video, Danielle Shay breaks down the current Broadcom stock setup, including the squeeze, positive earnings stats, and the potential bullish catalyst from Nvidia earnings. With AVGO sitting near the key psychological $420 level and holding above the 8 EMA and 21 EMA, traders are watching to see whether this consolidation can break out before the June 3 earnings report.
Danielle also walks through projected upside targets near $462, $484, and $506, and discusses potential options strategies, including put credit spreads and calls in the earnings series.
If you trade earnings, options, semiconductors, or momentum stocks, this is a key AVGO setup to have on your radar.
Chapters / Timestamps:
0:00 Broadcoms final push before earnings
0:28 AVGO earnings hot zone and upside targets
1:00 Breakout timing and historical earnings strength
1:51 Trade setup: put credit spreads, calls, and key EMAs
2:26 Join us in the Mastering The Trade room to follow this setup and more, with Danielle, Sam, Henry, and the team.
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