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UnknownUnicorn2141791
Feb 4, 2018 6:34 AM

Ranging Bull Long

QUALCOMM IncorporatedNASDAQ

Description

Hi guys. I'm seeing a ranging bull in this high volume stock. Expanding with range. Plus had some unusual options activity lately (you can look it up :) and have a nice day.
Comments
Dem456
If i were trading this I would set a buy stop order around the 70 level to confirm it wants to head back up but I know the market can mess with you at those resistant points. Best of luck!
UnknownUnicorn2141791
@Dem456, Yeah, if you are not already in the trade from lower levels it's a torturous experience to enter a long position; ideally i'd like to see a clear breakout and then a retest and continuation; then it would be mostly safe to enter; in practice it is tough
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