Steversteves

QCOM Week of Jan 23rd

Steversteves Updated   
NASDAQ:QCOM   QUALCOMM Incorporated
Not much of a QCOM trader but these probs were interesting and felt like sharing.

Earnings release coming up in 2 weeks, so be mindful of that.

Overall, the chart looks pretty bullish, imo.

I am long on it, 100 shares and 2 calls (was 5 calls and 150 shares but locked in some profits at market close on Friday). AVG 120.11. TP is that green box.

Save trades everyone!

Trade closed: target reached:
Trailing a small portion of the shares, but exited the options.

Good luck everyone!

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