Broadcom (AVGO) – Weekly View AVGO is showing some technical weaBroadcom Inc.BATS:AVGOhumorousHunter37388Broadcom (AVGO) – Weekly View AVGO is showing some technical weakness after slipping below its rising trendline. As long as the $356 area holds on a weekly closing basis, the stock could remain in consolidation. Fundamentally, Broadcom remains an excellent company with an attractive PEG and strong growth prospects. However, if price fails to reclaim the rising trendline soon, I would consider it a technical warning sign. For now, I’m waiting for confirmation.