On this chart I have used Gann and a Parallel channel to display two similar points in the evolution of QCOMS value Where the green Gann fan and Parallel channel meet through the uptrend can be considered similar both because of there place on the chart, and price action Using this I have plotted a white Bars pattern, where I expect price to move to Using the...
NASDAQ:QCOM Possible Scenario: LONG Evidence: Price Action , Dark pool activity, Options flow. Entry point: current price, it can drop more but not important. TP1: 176$ Call options 12/17/21 strike 170$ Call options 11/19/21 strike 172.5$ *This is my idea and could be wrong 100%.
RSI indicator showing that QCOM is overbought on the 4H chart. We see a retracement to $140 For educational purposes only.
The Macro Data Calendar for Today: Non-Farm Payrolls Average Hourly Earnings Unemployment Rate Coupons - $8.425 Billion 2s to 4s. ______________________________________________________ ZN continues to Trade the Lower End of the Range. The BOE Stick saved the US Treasury Market, although FED FUNDS... Disagree - www.cmegroup.com Oops... Again -...
Pressed Put Positions @ higher Levels. QCOM - DEC - JAN Put Spread 135 x 25 140 x 25 145 x 25 150 x 25 155 x 10 160 x 10 Needless to say, early Puts were smoked. We increased these by 150% and will continue to add into next Tuesday. 1 - Equity trade 1.5 x 141.00 closed @ 153.30.
All targets HIT and gap nearly filled after a monster move from earnings! Idea was shared when QCOM was trading at just $130 resulting in over 20% move in equity. Congrats if anyone played this one!!
Didn't have time to do a full Elliot Wave Theory analysis on this one, I apologize for that. However, very clear supply/demand zones labeled, while trading within a wedge. Extremely attractive bullish inverse head & shoulders shown on the chart, looking to potentially confirm and breakout early in the week. The only thing holding me back from this is the fact...
Google chose Samsung to partner in the Exynos Extension - the Tensor. While Exynos has had its detractors over the years, with good reason, the Tensor is an entirely new beast. No Taiwanese Manu is required, South Korea is safer. Another number of Nails in the QOCM coffin. Google is going to capture large amounts of Market share from everyone - Including the...
Price action to: -123 as an important support level. -Lower border of downward channel and bounce back perfectly Now QCOM is at the upper border of the downward channel and a possible breakout is imminent..! My most recent analysis: Oct13,2021 Entry: 125.5 Stop loss:122.15 Reward/Risk:2.95 Target range: 135 Time Frame: 4wks Possible gain: 7.66% Possible loss:...
Nice bounce off the bottom of the wedge here. Looking for continuation upwards to targets above at $135, $139, $141 and $145 as long as the low holds. Take note of the Daily MACD curling positive as well as the Daily RSI breaking out of downtrend! I am already positioned in a long swing from last week on this.
Today, we will take a look at QCOM The price is currently against a major support zone that has been working effectively since October 2020. Let see what we can expect in case of bearish or bullish resolutions. This analysis is meant for people that develop short-term setups. Why am I saying this? because, at the moment, we can't think about new trends like...
Entry price: 124-128$ Target price: 139-141$ Keltner Channels: The price is oscillating close to the lower boundary. RSI: under 30 level, thus the asset is oversold. Fib Retracement: The price is approaching 0 Fibonacci level. Fib Time Zone: The price movement is supposed to occur around 14th of October. Conclusions: RSI, Keltner Channels and Fib Time Zone suggest...
There are at least 5 levels of confluence for QCOM at $133. If the current range POC is lost, this should be a strong level of support for a long position.
Today we will speak about QCOM on a range situation that we like the context. What can we see here? - The price is inside a range since January 2021 - Currently, the price is supported on an ascending trendline + relevant support/resistance zone level. - Another important aspect of the chart is that we can see a fully formed ABC flag pattern with...
If you are looking for a 5G play QCOM is a stock you should consider.This fairly valued company trading at just under 20 PE and a 2% dividend is set to grow its business exponentially due to the roll out of 5G. QCOM is well positioned for the roll out of 5G as they manufacture the leading 5G chip called the snapdragon. Also, the infrastructure bill is a looming...
I believe QCOM is very under-rated and not seeing much talk about it. This is a beautiful descending broadening wedge forming to conclude wave 4. Please note the increasing volume throughout consolidation as well. A break and hold above this wedge will confirm bullish continuation into a wave 5. Target in the $160 region.
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.