QCOM.NAS_Range Breakout and Retracement Trade_Long

ENTRY: 147.34
SL: 140
TP: 161

- ADX<20. Would like to be higher.
- RSI<50,RSI<70
- Daily RS -ve
- Daily FFI +ve
- Daily MACD -ve
- Weekly RS +ve
- Weekly FFI +ve
- Weekly MACD +ve
- Breakout of down trendline and gap up with volume on 29 Jul 2021.
- Retraced under lower volume until resistance-turned-support level and rebounded with slightly increasing volume.

Trade closed: stop reached