How low or high would you expect Broadcomm share to trade at on day of trade is open and close tomorrow

Broadcomm's stock is likely to experience volatility tomorrow, with expectations of a potential short-term pullback followed by a continuation of its recent upward trend. Here's a detailed analysis:

1. **Expected Range for Tomorrow's Trade**:
- **Low Point**: Broadcom's stock may test the support level of $218.03, which is a narrow support zone. If the price were to dip, this could be seen as a buying opportunity due to the overall bullish trend.
- **High Point**: The resistance level to watch is $260.69, which is a narrow resistance zone. This level could pose a challenge for the stock, and if overcome, could indicate a continuation of the current bullish momentum.

2. **Current Trend Analysis**:
- **Short-Term Trend**: The stock is currently in a bullish trend, having been so for the past 43 days. This suggests that the price is likely to continue its upward trajectory in the near term.
- **Probability of Trend Continuation**: The probability of the bullish trend continuing is 60%, with 41 days showing a clear bullish trend and 2 days of unclear movement. This indicates that while there's a decent chance the stock could keep rising, there's also a significant probability that the trend could reverse.
- **Unconditioned Trend Forecast**: The forecast for the next 12.3 days (approximately one week) is bullish, with a 70% probability of the price staying above $218.03 and a 50% probability of it reaching up to $260.69. This suggests that even in the short term, the stock has a good chance of remaining in an upward trajectory.

3. **Market Sentiment and Forecasts**:
- **Recent Performance**: Broadcom's stock has recently surged nearly 30% over the past month, fueled by AI-related stocks and the company's breakthrough in next-generation chips. This recent momentum could carry over to the next day's trade.
- **Analyst Expectations**: Analysts expect Broadcom to post earnings of $1.57 per share on revenue of nearly $15 billion for the upcoming quarter. This could provide additional support to the stock if the earnings report beats expectations.
- **Forecast Price**: The price forecast for tomorrow shows a mean forecast price of $256.92, with a 34% confidence interval ranging from $251.64 to $262.2. This suggests that the stock is more likely to fluctuate around the $255-$260 range than to deviate significantly lower or higher.

4. **Technical Indicators**:
- **Closing Price and Volume**: The closing price on June 5, 2025, was $259.93, with a trading volume of 40.12 million shares. These figures suggest that there is significant investor interest and market activity, which could lead to volatility tomorrow.
- **Short Interest Ratio**: With a short interest ratio of 2.0, Broadcom's stock is not overly shorted, which reduces the risk of a short squeeze that could propel the stock unexpectedly high.

In conclusion, Broadcom's stock is expected to trade in a range that reflects its recent bullish trend while also considering potential short-term corrections. The low point is likely to be around $218.03, with a high point possible near $260.69. However, the stock's recent performance and market sentiment suggest that it has the potential to exceed these ranges, depending on how the day's trade unfolds.