QCOM unable to break that trend resistance for a while now, even if it rallies a bit I wouldn't long I expect 100 or lower in next few months or so.. boost and follow for more! thanks ❤
Hi, I have a few requests about Qualcomm (QCOM) and I would like to some technical scenarios, how to get it. Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G, 4G, and 5G...
QCOM on weekly candle nearing breakout. Right now it is reached resistance zone which was earlier support. Support take around 100 and bounced back. Once this resistance breaks it will shoot towards North. Keep watch on it. AI will give boost to chip market.
QCOM looking for a small correction and potential bull flag after breaking a multi week line as well as one from last july. This is a potential call setup 45-60 days out with a strike within 20$ of current price
Expecting QCOM to continue much higher in the coming months. Basic breakout continuation play. Lagging behind the rest of it's sector and ready to pop.
M patterns are known to reverse at the end of the 4th leg. This one landed between the 1.113 and the 1.272. Rarely do Harmonic patterns hit a Fib level right on the dot. Leg 2 hit the .786 on the pullback which points to a Butterfly pattern. The Butterfly ends at the 1.272 and price did not quite make it to the 1.272. An Alternate Bat ends at the 1.113, but it's...
Closed up at weekly trendline resistance and weekly 20. I like calls over weekly 50sma or 123. First target - 140 I expect a pullback in the form of a flag before the next leg higher
In this analysis, I present my perspective on QCOM and identify two highly promising mid-term long entry zones, labeled as Buy Zone 1 and Buy Zone 2. Technical Analysis: QCOM has recently broken through its downtrend, indicating a potential reversal towards the upside. However, this breakout was accompanied by relatively weak price action and a subsequent retest...
island bottom: when the market leap up and leave the previous gap unfilled it is called an island, it is a very bullish formation as it reflects the mispriced pessimism reversing. pls zoom in the chart to check the price action in gap areas.
It looks like a good buy area here, but it may fall down more. We can start accumulating and our take profit should be focussed on 125 and if the trend is very bullish, the next take profit zone would be around 137. Please do your own analysis and trade wisely folks - Thanks
The PEAD projected a bearish outlook for NASDAQ:QCOM after a negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 58.33%.
🔹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 -...
After 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.... 🤷♂️
How to trade three outside down patterns with entries and stop levels.