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QCOM

QCOM in Ascending Triangle $180 PT 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 catalyst as it would allocate over 7b to the roll out of 5G. Given QCOM is trading in an ascending triangle I believe we will break to the upside as 72% of the time in this pattern there is a break to the upside. My price target is $180 for QCOM.
NASDAQ:QCOMLong
by Value-Invest
QCOM: TWO WAYS, GAP UP OR GAP DOWN?QCOM has reached a crucial support zone level and seeing it rebounded with a green candle and RSI turning backup to 50, giving more reasons that it might filled the gap up from $142 to $145 easily with nice volume push. Friday closing was beautiful in conjunction with a good volume, seeing more upside if Nasdaq rallies up this week to $152 a strong resistance. Price/Earnings have been clamped down recently and it will be a good growth stock to lookout.
NASDAQ:QCOM
by yflaw1018
$QCOM in Ascending Triangle $165 PT The global chip shortage is still nowhere near over, making semiconductor companies very attractive here. QCOM is my top pick of the sector as they dont only benefit from the chip shortage they also benefit greatly from the roll out of 5G. The roll out of 5G will be sped up by US investment via the infrastructure bill which allocates $65b to broadband infrastructure. QCOM’s Snapdragon 5G chip is the most cost efficient chip on the market, which should continue to be in high demand as chinese firm Huawei is still banned in the US and UK which creates market share for QCOM given Huawei used to be one of the largest 5G chip manufactures before they were banned in multiple countries. QCOM has been trading in a clear ascending triangle pattern which historically implying further upside (72.7% of the time), QCOM should be able to breakout of this pattern and move higher. Trading at 20x (FWD) PE and a 2% dividend QCOM is trading at a very fair value, with great growth prospects making it a very strong BUY for me.
NASDAQ:QCOMLong
by Value-Invest
QCOM Bull Run to 160QCOM displayed a time of consolidation on the weekly time frame which was the first indication of a major move. A confirmation towards this idea was given by the MACD as seen by it crossing the Signal line(increase in bullish momentum). The Daily time frame is also resting at its Fibonacci support allowing for a great entry. My price target for this stock is 160 due to the Fibonacci resistance resting there. Although I am bullish on QCOM remember that Jerome Powell will be speaking this week, which may result in a more volatile market.
NASDAQ:QCOMLong
by ddcakez
AMD will not disappoint, 93.75 TGTAs I previously mentioned on my SQ analysis, Semis have been hit hard regardless of great earnings. With semis currently oversold, I see semis run up for the next two weeks along with the likes of AMAT, TSM, QCOM, NVDA, ON, and IIVI. AMD beat earnings and has been taking INTC customers for the past 2 years. INTC is in panic mode trying to regain back their market share. AMD server/pc chips are faster and much reliable and cheaper. Semi shortages is an issue but with current earnings handily beat expectations, I don't see this as an issue moving forward as demand outweighs shortages. See EBAY, StockX, and FB markets for GPUs and CPUs. People still buy them at over 200% retail. China, Taiwan, US coming out of Covid pandemic, ramps up chip production in Q2. A bullish Doji on Friday with good volume. Shorts will get squeezed out at 83.52.
NASDAQ:AMD
by CTRLZEEE
1
Qualcomm (QCOM)Qualcomm Inc. For those unfamiliar with Qualcomm: leading company in the production of chipsets for the best Android smartphones in circulation. Also active in the development of 5G, artificial intelligence, modems, and wifi antennas. I entered long on this company with undoubted growth potential, after the rather violent pullback in February, where the price has discounted well 25.89%! Technical Analysis: With Thursday's close above the 137.27 level, QCOM nearly closed its November GAP. Very important strength index. The uptrend is accompanied by good volumes, considering that the stock is unlikely to trade more than 20 million shares per day. Also considering the volumetric analysis, here are my targets: 1st target: 147 $ 2nd target: 152 $ 3rd target: 160 $ Lazy Bull
NASDAQ:QCOMLong
by LazyBull5
4