GAP UP ON STRONG VOLUMNE + CLIMB ABOVE 50-DAY LINE

Today Broadcom gapped up on more than double average daily volume as a result of reporting strong earnings. In the process, the stock climbed above its 50-day moving average line, an intermediate-term bullish signal.
According the the WSJ, this stock has an OVERWEIGHT consensus analyst rating and an average price target of $287.81, almost 24% higher than today's closing price.