Patterns Identified -Falling Wedge & Bullish Engulfing patterns weekly chart! QCOM filled a gap from November 4, 2021. I can clearly see that QCOM is going through price correction (ranging). If you take a closer look it has popped out of the upper trend line slightly. Take a look at the yellow box to verify. I've identified a bullish engulfing that leads me to...
According to me the best investment you can do in your life is Qualcomm inc. Especially huge amount of money. I look for a retrace price action towards $50 before never ever returning back to the past again. Price target: $1500 and above. Will pay you both physically and moneywise ________________ Imagine technology that becomes cheaper but better....
NASDAQ:QCOM seems to have a poor technical setup which increases the likelihood of stock filling the gap under $100. Silver Lining is the last ER call where Mgt downplayed a China Lockdown owing to the fact that consumer handheld business outside China remains strong and potentially offset China loss. Personally I'm on the fence here with an Avg around $141...
If you haven`t shorted QCOM on the exposure to China article here: Then you should know that is QCOM is sitting on a strong support line, trading at a 38% forward P/E ratio discount versus the 5 year average! Wells Fargo has an $150 price target for QCOM! Looking forward to read your opinion about it.
Qualcomm Short Term - We look to Buy at 124.23 (stop at 118.34) We look to buy dips. Previous support located at 125.00. Although the anticipated move higher is corrective, it does offer ample risk/reward today. We look for a temporary move higher. Trading has been mixed and volatile. Our profit targets will be 141.29 and 149.10 Resistance: 145.00 /...
drew this a while back and of course if ends up being a little correct i should publish it. :) Just and idea folks.
QCOM appears to be ready to pull a Wile E. Coyote and run off a cliff. Not a good look. The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on your own personal circumstances. Please subscribe to our channel if you...
Based on its downtrend, regress off resistance and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent in profits IF $QCOM breaches yesterday's low of $139.36 during today's session.
Toward the end of last year, I posited the idea that QCOM was executing a "fake-out break-out". Bears get trapped after a failed consolidation then get short squeezed higher. Instead of trading to new highs, QCOM has only consolidated in a range near ATH. This leads me to believe that distribution is occurring near ATH. This is a major piece to wyckoffs price...
The PEAD projected a Bullish outlook for $QCOM after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 50%.
I will be shorting QUALCOMM to the range of $90, after that will be going long to the target of $140 and will be exiting it.
$QCOM $TWTR $DWAC $UBER watchlist for week 5/2 - 5/6: $QCOM Calls > 142 | Puts < 130 $TWTR Calls > 49.5 | Puts < 48.6 $DWAC Calls > 54 | Puts < 50.5 $UBER Calls > 32 | Puts < 30
Another wedge setup, this time I am suspecting a short. Nun major
QCOM as buy in 2022 hard times? Buy is based on technical - Supply and Demand Zone theory. Price is currently inside discounted Demand Zone, zone is bigger so we can wait for LTF confirmation in form of bullish break of structure or make refinement of major POI on lower tf's OR just buy and be patient ;)
filled the gap; great support and could bounce from here, earning on 27th April
Recent news from Chase pulls down this stock on Friday. It might retest the $140 level and could be a great entry for the long term.