Broadcom will announce earnings after the close. What is expected?EPS $1.22Revenues $12.979THe price of Broadcom - like other chip stocks - has been hit over the last few weeks of trading. From the high on August 22 and $172.42, the price has move down to a low of $149.15 reached just yesterday. That represents a decline of -13.5%. Today the price low reached $150.11 and currently trades at $153.96.Looking at the daily chart, the price low today and yesterday stalled near its 100-day moving average currently at $149.58. With earnings after the close, the market is respecting that moving average, and how the earnings play out will tilt the bias more to the upside or to the downside. Note that
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