QCOM LongJust a decent risk/reward trade here on QCOM. Good company that will be around for a long time. I'm going to give it a shot.
QCOM
QCOM - Rising Trend Channel [MID TERM]🔹QCOM shows weak development in a falling trend channel in the medium long term.
🔹QCOM has broken a resistance level in the short term and given a positive signal for the short-term trading range.
🔹QCOM is approaching's resistance at 120, which may give a negative reaction.
🔹Overall assessed as technically negative for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
Is the bullish run on tech stocks done? check out QCOMAfter taking out the October and November lows, QCOM has surged to activate a Fake Break Down reversal pattern, as well as an odd looking island reversal pattern, leaving behind almost the entire month of May's trading days. It might need a breather here as it runs into some short term resistance, but I'm long.... 🤷♂️
2000 vs 2020 Tech crashesQCOM was the hottest stock of 1999, and had a similar fall from grace as the biggest tech names of the time, if not faster. Some of the top tech stocks by market cap were: MSFT, CSCO, INTC & IBM
I believe in a 2-3 year bear market, but we are pretty close to 2000 levels in a lot of major Tech stocks already. A lot of people wanna sell it to the floor as fast as possible, but that's not what the bear market really looks like. It's the white box.
FOMC Summary | QQQ & SPY Analysis | KRE & PACW Bust | QCOM ER- FOMC Summary: 0.25bps hike today, Powell saying no cuts this year may made the market a bit red but he said that last time too. I personally think it was because market participants this time wanting to hear a pause due to it being so price in but he didnt say any of that so market went down.
- QQQ bounce off of Key support yesterday but broke below today
- NASDAQ:QQQ and AMEX:SPY both below 12 EMA
- NASDAQ:PACW NEWS wanting to sell its entire bank AH, causing market to drop
- NASDAQ:QCOM ER saying lower demand on phones made NASDAQ:AAPL drop
Qualcomm stock and best entry pointsI will be intereseted to aquire this stock if it reaches 55-70 level or less.Not before that. What do you think?
Qualcomm Inc (Long)Qualcomm Inc
Long
Entry at 131.03
Take Profit at 142 (8.32% profit from entry)
Stop loss at 125
In a sea of red there still some bulls standing Just talking walk down wall street AKA the HeatMap looking at a sea of red I notice a small pace of green as i zoomed in long behold it was QCOM as i started my top down analysis i seen it was breaking its down trend as i made my way to the daily chart i stumbled upon a Cup & Handle at the neckline looking ready to take off any moment with a measured move of 17 points if it fully play out so that's a very juicy target for trades to pass up !!!!
Qualcomm play . Hi,
Definitely risky one.
As you can see very wacky chart and price move . over all shooting for 107 area.
Playing this one short by end of the day based on news .
Martch 17 . 100 Puts .
QCOM daily pinnacle pattern consolidationOrder BUY QCOM NASDAQ.NMS Stop 116.64 LMT 116.64 will be automatically canceled at 20230401 01:00:00 EST
QCOM daily pinnacle pattern if we break above can expect C wave ABC correction up.
QCOM Head and shoulders patternhello,
QCOM
I see Head and shoulders pattern with target around $85, also Waves analysis there is we are in correction (daily) with target about $85 also, I will wait good price may be (117) to short
not financial advice DYOR
Bullish on Qualcomm. QCOMBetting on in the position of the B Wave in this pretty epic zigzag. Taking retrace of ?B of B for targets of C. C's within triangle tend to be the largest of the lot, so a chance we may come back to this idea and extend the goals to hyperextension incase of an epic C at a later stage.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
8/17/22 QCOMQUALCOMM Incorporated ( NASDAQ:QCOM )
Sector: Electric Technology (Telecommunications Equipment)
Market Capitalization: $166.799B
Current Price: $148.53
Breakout price trigger: $151.35
Buy Zone (Top/Bottom Range): $146.80-$141.25
Price Target: $164.20-$165.30
Estimated Duration to Target: 32-35d
Contract of Interest: $QCOM 9/16/22 150c
Trade price as of publish date: $4.75/contract
Qualcomm: Things are looking bullish!Qualcomm
Short Term
We look to Buy at 143.04 (stop at 138.51)
Preferred trade is to buy on dips. Buying continued from the 38.2% pullback level of 141.98. 20 1day EMA is at 143.50. Posted a Bullish Hammer Bottom on the Daily chart. We look for gains to be extended today.
Our profit targets will be 156.56 and 159.40
Resistance: 156.60 / 160.00 / 190.00
Support: 141.00 / 120.00 / 100.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
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QCOM Long IdeaQcom just broke above a zone and as of now is retesting and holding the zone. First pt is the dashed line final pt is the next zone proceeding the first pt
QCOM SELLQCOM is an established downward trend with several overbought or reversing indicators from Stochastic, CCI, bollinger bands, long term support, Fibonacci, williams percentage, at cloud resistance, top of downward channel. We are nearing a wedge formation to break out or break down, I'm guessing the latter will occur. No position yet
Long | QCOMNASDAQ:QCOM
Possible Scenario: Long
Evidence: Price Action
TP1: 136$
TP2: 139$
This is my idea and could be wrong 100%. do your own DD.
piling up bad news on semi conductor industryAMD is on a really important zone here. if this breaks, its going to be a disaster for it. we can see 59-60. most of the semi conductor names like AMAT, NVDA or just semi etf SMH are pretty close to 200 weekly moving range. we might see it next week.
MU reported ok numbers for this quarter but their guidance is awful.
• They slashed EPS by 40% and REV by 20% in guidance.
• Operating margins of this quarter are inline but they guided way lower operating margins for next quarter which shows the pressure on their raw materials
and inventory side.
• Operating cash flows for this and next quarter are also a miss but thats not surprising considering their margins going down.
• Also, CEO on call said the demand is weaker for semi’s right now which probably is why semi’s have been getting hit in the last week or so.
The biggest issue i see on MU’s ER is declining mobile sales. They have had y/y declining sales and this might spill over to big names like APPL, QCOM, QRVO and also ad spend companies like APPS, TTD.
If a new leg down starts in the market, chip manufacturers and mobile makers, ad spend and 5G network companies should be on watch.
Also, the demand weakening comment should put a lot of pressure on NVDA and AMD as there will be doubts about them being able to fulfill their guidance with weakening demand. Especially AMD guided way higher last quarter.
TSM put out news friday that majority of their big suppliers are scaling down their chip orders for rest of 2022. this consists of AMD NVDA AAPL cutting from 5-12% of their chips.
please note that this post is not for monday trading, it is intended in general for the next 3-4 months.
QCOM - Above Previous ATH LineQCOM has formed a strong trend line in green and broken out from this line
Right now a horizontal line drawn against this can be placed at the prior ATH and it places the price nicely right above the Trend Line (white)
I have also drawn some weaker up trend lines in the dotted white lines
QCOM - Loudest before the ImplosionQCOM Apes were caned again. Good New, buy it then Sell it.
QCOM remains a bloated, overvalued, overpriced comedy.
Apple ain't using your modems, Google... never.
Yer another Dino.
Wilma and Fred left the building.
____________________________________________________
QCOM Sub 100 will bring out the Baar for this Fanboi Cult.
QCOM-Has Two Bullish Patterns!Patterns Identified -Falling Wedge & Bullish Engulfing patterns weekly chart!
QCOM filled a gap from November 4, 2021. I can clearly see that QCOM is going through price correction (ranging). If you take a closer look it has popped out of the upper trend line slightly. Take a look at the yellow box to verify. I've identified a bullish engulfing that leads me to believe that the stock has potential to break the channel and move to the upside. However, if it breaks the bottom of our channel, then we should expect to see price go down. However, a falling wedge pattern was identified with confluences (rising volume and momentum).
Therefore, I am bullish on QCOM.
My entry will be based on these findings to include the patterns identified. A break of the recent candle and channel will be my signal to enter a swing position.
*This is not financial advice.
Freedom & peace is prosperity,
MrALtrades00
Gap up from November 4,2021
Falling Wedge
Bullish Engulfing inside Falling Wedge pattern!
