This translates to a PT of nearly $1,500 for 1 SOL token. You can see the flagpole extrapolation in red and then the 2nd half push PT in orange (both align very nicely which suggest we are halfway through our entire flagpole move right now with another half to go).
To keep this short, it's now very public knowledge that Diem is no longer being pursued by FB and therefore the fundamentals have decreased for DOT. I still remain bullish on DOT but this is likely going to play out over a longer period of time. I would diversify into market leaders like SOL in the meantime and get some exposure to this top project as I've spoken...
SOL is a very strong project with extremely strong fundamentals (user growth, speed, cost) versus competitors. Despite the recent wormhole hack which wasn't an issue of SOL but an issue with a bridge is making headlines, this only provides an opportunity to buy cheaper than normal imho. SOL will no doubt fix any congestion issues it had in the past as their lead...
Form time to time at the end of an impulse we may see a pretty small flat before bigger drops to follow. Here, we believe that this may be the case here. It might meander before potentially giving us bigger drops. 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...
When looking at a weekly chart, it is easier to see if an asset is in a bullish or bearish trend. Taking a look a the SOXX, we see we are at a potential place for a bounce. I chose the 52 exponential-moving average because there are 52 weeks in a year, and it has worked very well in the past. A close on a weekly basis below this level is the signal to get out....
Ride the current trend. Or stay in cash till it drops to $130. Put options are too expensive at the moment so its not worth doing PUTS. If shorting fees are low then go ahead. I'm heavy cash waiting for the market to reverse. Expect the market to continue to bleed for a few more weeks.
Here is my insight on QCOM For the bounce case ~ 4 hr chart has not broken the support yet signifying we could see a bounce before going through it. ~ slight RSI bullish divergence in last 2 days signifies a small pullback could come. ~ we are on the 0.382 fib zone which is a zone to watch since pullbacks on an uptrend like that zone. ~ After going down a whopping...
Qualcomm - Short Term - We look to Sell a break of 170.96 (stop at 181.39) Intraday signals are bearish. Previous support level of 174.00 broken. Closed below the 50-day EMA. We look for losses to be extended today. We look to set shorts in the early trade. Our profit targets will be 138.48 and 130.12 Resistance: 174.00 / 190.00 / 200.00 Support: 164.00...
I think QCOM can get a big correction if it fails to hold the red demand line. A parabolic step could indicate the 4th and final step being taken. This is followed by a minimum 50% correction. The chart seems to have followed wave lengths so far, which would mean it could do the same and make a round top. As long as good ER and news comes out, macro bullish trend...
$QCOM upon its Q3 earnings gap up, it remains relatively resilient to market weaknesses since december. also flagging in weekly chart. yesterday's closed have $QCOM trading beyond all significant VWAP, above 10/10/50 MA. $188.15 is the ideal level for a tight entry to size up
Hi everyone, Today we will talk about NASDAQ:QCOM , a semicunductor manufacturing company. As we saw almost all tech stocks selling off from late November through to 2022, NASDAQ:QCOM managed to stay up there quite nicely. The question to ask now: Is it lagging? Will [ symbol="NASDAQ:QCOM"]NASDAQ:QCOM follow broad tech market and proceed to a major...
Bought position into break of pivot from the previous earnings-gap run. This is the fourth attempt to breakout from this pivot. Stop loss below the low of the day. Bigger picture, the stock is breaking out from a large base to new all-time highs and remains one of the leaders in the market. It has big growth numbers and is in one of the strongest areas of the market.
$QCOM setup on both daily and weekly displays a pretty HTF with 50DMA / 10WMA catching up to its current consolidation. this is one of the few semicon setup that have not rallied beyond its ATH this week
$QCOM approaching all time high and price target recently upgraded to 215. $QCOM setup is clean sitting above the ema lines. today tech stocks bounce after fed meeting and there might be bullish continuation tomorrow. buy call above $191.30 buy puts below $186-185 always take profits as you see one and always follow your risk management. Hello everyone, welcome...
Im undecided but there is a gap so i guess wait for confirmation lol but if anyone has any suggestions I'm all ears.
It seems QCOM is making a top formation and could experience a 10-20% correction in the coming weeks! I was not Bearish on this one! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial...
QCOM looking to breakout to above the inside day and push higher than the trend line,. Looking to take calls above $185
AMD has had quite a run over the past 3 months building a lot of negative divergence in both MACD and RSI (Same as $AFRM - buy time and there will be a dumpster fire). Similar to dotcom bubble QCOM, just another ponzi scheme by WallStreet to ensure the next generation remains wage slaves - totally love this perspective. Having said that: $AMD Long above 164.46:...