QCOM: sell zone ( 192.00 ) ( 190.55 ) buy entry above ( 178.00 ) take profit next to the sell zone.
QCOM: buy zone ( 159.28 ) ( 158.00 ) bearish entry below ( 174.00 ) possible take profit next buy zone
QCOM: sell zone ( 192.00 ) ( 190.55 )
upward trend start price ( 181.00 ) in case of a breakout of the sell zone bullish continuation price ( 194.00 ) in case of a bullish opening
QCOM: bearish continuation price ( 176.00 )
Strategy: We will take entry above (181.00) to the sell zone in case of a bullish open.
low entry: we enter to sell below the sell price...
The stock heat-map shows that QCOM gives the highest performance (6.25%) among all electronics and technologies sector firms. Pricing at an enormous uptrend since last 27/01/22 as it was $161.20 and closing in last day of February @ $188.20. The BB indicator shows its stability and balanced fluctuations in hourly basis for quick investments. It looks the firm will...
Qcom bounced off 166 resistance turn support on friday. price moved today monday from 166 to 175. only looking for buy opportunities.
beware of economic data releases this week. Ism manufacturin and services data due this week.
For now this rectangle is trying to break to the downside. It does look as if todays candle wick is struggling to stay inside the horizontal trading range.
I was wondering how long price would remain in the rectangle top with such a large gap underneath as well as the lack of a handle forming for the prior cup.
The 2 trendlines of the rectangle are marked in...
Hi everyone,
Im not a financial advisor and this is not financially advised.
Qualcomm has really held up really despite all the corrections, I still believe it will fall due to Qualcomm being high growth tech, and im assuming FEDs will increase the interest rate, or at least come up with a plan of how they will raise it. this will have a big compact on the growth...
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...
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...
QCOM broke to the upside from a cup and never came back down to form a decent handle. QCOM also broke the neckline of an inverse H&S pattern at 138.88.
Price appears to be in a rectangle top which is a neutral horizontal channel until a trendline is broken in one direction or the other with a trend in that direction. Price often consolidates in neutral patterns...
QCOM looks to be looking for more buyers down below. If 173 fails to hold look out below to the median at 160 and possible gap through. There isn't a lot of VPVR (graph on right) to support prices up here.
$QCOM has been trading within these levels extremely consistently for the past couple of weeks.
It's likely that we see a rejection at this supply zone overhead as it's fairly substantial and spans a large range.
Looking to take longs with a close and hold above 191, otherwise I'll short the rejection back to the bottom trendline.
