These are just my thoughts. With earnings around the corner, I'm pretty excited to see what this stock does.
Many are anticipating either a gap down (and then the stock fades; meaning it trades higher) or a gap up and then anyone who didn’t bail in the last 2-3 weeks, will be given that opportunity and the stock will roll over a bit more. To get my FREE E-Book on gaps, just go here. reallifetrading.com/...s/four-types-of-gaps
If the stock gaps down into the green zone, I would be looking for a long. If QCOM gaps up into the red zone, I'll expect weakness. And if QCOM opens in the purple zone? I'll have no idea what to expect.
Thanks!
Many are anticipating either a gap down (and then the stock fades; meaning it trades higher) or a gap up and then anyone who didn’t bail in the last 2-3 weeks, will be given that opportunity and the stock will roll over a bit more. To get my FREE E-Book on gaps, just go here. reallifetrading.com/...s/four-types-of-gaps
If the stock gaps down into the green zone, I would be looking for a long. If QCOM gaps up into the red zone, I'll expect weakness. And if QCOM opens in the purple zone? I'll have no idea what to expect.
Thanks!
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