Technical charts indicate AVGO is holding above its 50-day moving average, while Fibonacci retracements suggest a potential breakout zone between $1,850–$1,920 in the near term. Price Action: AVGO stock was trading higher by 2.31% to $341.10 at last check Thursday. 5 Hot Stocks to Buy Now: October's Top Picks With Major Upside AVGO stock price forecast models adjusted upward after the company raised its FY2024 outlook, citing robust demand in custom ASICs for AI workloads.
