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BBTrader29
May 17, 2019 8:52 PM

QCOM Gap Fill Short

QUALCOMM IncorporatedNASDAQ

Description

QCOM has had a great run up, but its now over exhausted and has closed under its 9ema and 20sma on the daily chart. I'm looking for it to retrace to $78.5, then fill the gap downward toward $71-72. I jumped into short at $82.25 by buying a couple $82 PUT options
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