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carley621
Feb 11, 2017 3:21 PM

if it happened once?  Long

QUALCOMM IncorporatedNASDAQ

Description

This looks like the same set-up from the past.. Now can we replay this in the future? Nobody knows but if we have a plan we can mitigate risk. Put your stop just below 52.36 and see if this can retest back to 63.
Comments
mologna
Looking at the daily I forsee a bounce off of this 56.79 resistance back down to 52.50 again. I'd be more likely to play this one short for the next week or so.
mologna
@mologna, *56.97 resistance
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