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AVGO
Benzinga
7 days

Broadcom Shares Rise 2.2% After key Trading Signal

1. AVGO showed a Power Inflow at $306.41, suggesting upward potential. 2. The signal indicates a bullish outlook for traders monitoring smart money movements. 3. Returns post-inflow were 2.2% for High and 2.1% for Close prices. 4. Order flow analytics provide insights into market trends and trading opportunities. 5. Risk management remains vital for traders capitalizing on market signals.

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FAQ

Why Bullish?

The Power Inflow indicates increased buying interest, historically signaling price increases.

How important is it?

The article highlights a significant trading indicator directly linked to AVGO's price momentum.

Why Short Term?

Immediate price movements are expected; historical inflows often lead to quick gains.

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