BBTrader29

QCOM Breakout 6 tests

Long
NASDAQ:QCOM   QUALCOMM Incorporated
QCOM has tested the 80-81 area 5-6 times already, it has been consolidating in a tight pattern with the Bollinger Bands becoming very narrow, which typically poses a coming breakout. A breakout above the 80 level would cause a run up to $85 range.
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