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TradeWithParas

QCOM Potential buy setup

Long
QUALCOMM Incorporated (BATS:QCOM)  
TradeWithParas Updated   
BATS:QCOM   QUALCOMM Incorporated
Trend Analysis QCOM buyopportunity stocktrading stockstobuy breakouttrading nyse
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trendanalysis qcom buyopportunity stocktrading stockstobuy breakouttrading nyse
Reasons for bullish bias:
- Entry is at breakout of HH
- DOW theory, SL at last HL
- Divergence is there, but entry is at breakout so let's see

Entry Level(Buy stop): 158.62
Stop Loss Level: 134.44
Trade active:
Mar 7: Price is near all-time high and weekly resistance, you can book some profit here (176.05), Moving SL to 145.02
Comment:
Moving SL to BE
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