Broadcom Q4 Preview: Bullish Setup Hinges on Positive Earnings and Guidance

) is a multinational technology company that designs, develops, manufactures, and supplies a wide range of semiconductor and infrastructure software products. The company's products are used in various industries, including data centers, networking, software, broadband, wireless, storage, and industrial.

With Put/Call ratio is between 0.4015 to 0.945 for the next four upcoming expiries suggest that the traders are bullish.Technical Analysis Perspective:Prices have been hovering inside a bullish ascending triangle since April 2024. Earnings are the perfect catalyst to break on the upside provided they are in line or better than expected with positive guidance.

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