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cguthrie922 cguthrie922 PRO QCOM, D, Short ,
QCOM: Potential Bullish Head and Shoulders, Heading Down First
126 0 8
QCOM, D Short
Potential Bullish Head and Shoulders, Heading Down First

Qualcomm has been potentially forming a well-known technical trading indicator called a head and shoulders (HnS) pattern. This pattern is basically made up of three peaks or triangles with the middle triangle have a higher top than the ones flanked on each side. A HnS pattern with the peaks on top is bearish as the stock drops upon the final triangle (or shoulder) ...

cguthrie922 cguthrie922 PRO QCOM, D,
QCOM: Pending Bullish Head And Shoulders For QCOM
42 0 6
QCOM, D
Pending Bullish Head And Shoulders For QCOM

I see this movement potentially setting up. I plan to write on this in a few more days after the stock moves up a little further. The initial play will be to the downside. The stochastic is overbought and RSI is nearing that area. A drop is coming, but I am anticipating the stock to rise long-term. Bearish over next month. Bullish after that

11021992 11021992 PRO QCOM, D, Long ,
QCOM: Qualcomm: BUY BUY BUY!
371 1 18
QCOM, D Long
Qualcomm: BUY BUY BUY!

Hi traders, We can see that Qualcomm has opened the week with a drop of about 15%. Now would be a good time to buy. The red line is the expected price movement. Cheers

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