GraniteShares 2x Long AVGO Daily ETF

$47.29

+$4.55 (9.63%)
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Trader's Perspective

AVGU ran from roughly $41 in mid-April to a new high near $52.43 by late May as Broadcom strength and AI infrastructure momentum pushed the 2x product higher.

RANGE
Support: $49Current: $51.84 Target: $55
BEARISH SCENARIO

The stock has the potential to go down if it loses $49, and that could open a fade toward $45 to $46. Any weak reaction to Broadcom earnings on June 3 or cooling AI chip sentiment would accelerate the downside.

BULLISH SCENARIO

If AVGU holds the $49 to $50 area on volume, a push back toward $52.40 to $55 is on the table. Resistance at $52.43 is the first hurdle.

CATALYSTS:
Analysis generated: May 30, 2026 at 6:44 AM ET

Top Gainers

Analyst Ratings

N/A
Average Price Target: $0
Based on 0 analyst ratings in the last 3 months
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0
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0

GraniteShares 2x Long AVGO Daily ETF Earnings

We don't currently have information about GraniteShares 2x Long AVGO Daily ETF's earnings.

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