ant187

QCOM - Long for mid BB test

Long
ant187 Updated   
NASDAQ:QCOM   QUALCOMM Incorporated
Morning traders,

QCOM has taken a beating, and looks like alot is flowing back into semi's today, if SPX can re-take 2766 we're looking at a potential full bottom reversal with alot of upside potential on this one.

Currently long june 7-21st calls targetting 71-75 zone

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Comment:
SL @ 66
Comment:
Will most likely take profits today, expecting a move towards $70
Comment:
Looks weak, moved stop to 67
Trade closed: stop reached
Trade active:
I’ve re-entered long for this trade
Comment:
Up a bit on this trade, however semis didn’t follow the market last week, I would expect the run to start this week into earnings, if it’s range bound then I’ll exit this trade this week.
Trade closed: target reached

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