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jacobosiason7

Symmetrical Triangle - Watching closely

Long
QUALCOMM Incorporated (NASDAQ:QCOM)  
jacobosiason7 Updated   
NASDAQ:QCOM   QUALCOMM Incorporated
Trend Analysis Chart Patterns Technical Indicators Bullish Patterns breakout symmetrical_triangle support_and_resistance supply_and_demand sma
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trendanalysis chartpattern indicator bullish breakout symmetrical_triangle support_and_resistance supply_and_demand sma
Personally am bullish on QCOM here- Approaching the end of a large symmetrical triangle while also sitting right on its 50-day EMA as well as its 200-day SMA (not pictured). Will be looking for a breakout from this triangle (broader market conditions permitting)- Just some support and resistance levels along with some RSI-based supply and demand zones to keep an eye on

PT1- $145.15
PT2- $146.81
PT3- $147.90+
Comment:
PT1 Reached ✅
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