( Yesterday close ) Chart courtesy of stockcharts

Broadcom shares were up on Wednesday more than 3% to $20.36, bringing some euphoria for Bulls. Finally, stock starts showing ‘buy' signals again. However after recent decline in share price, a good entry point will be only in a break of its 20-day moving average at $20.80 on heavy volume. So, before enter long at this level, you should pay attention to this fact. Keep Broadcom is your watchlist.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.