Seems like we are having 2 sunny market days in a row. SPY, QQQ and DIA are still under the 50 and the 200 daily SMA.
QCOM appears to have broken up from a cup and handle then fell from a rectangle top and has hit down targets.
Gap filled so possible support at bottom of gap. Low after fall from rectangle is 139.05 and possible stop below here or under 144. ...
Qualcomm ( NASDAQ:QCOM ). While I believe semiconductors will be the hot tickers again in the near future, Qualcomm needs to close the gap between $138.55 and $147.88. The upcoming Federal Reserve meeting and OpEx may serve as catalysts for this move. While it could rise to test resistance in the low- to mid-$160s to trap the bulls, I expect it to show more...
The U.S. warning China it could face devastating sanctions if it defies the ban on doing business with Russia!
This is a move that could have huge impact on American companies.
67% of QCOM Qualcomm revenue comes from China.
My price targets from QCOM are $126 and $92.
Looking forward to read your opinion about this.
Goals 1.41, 1.16. Invalidation at 2.54 .
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 highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that...
The PEAD projected a Bearish outlook for $QCOM after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 62.5%.
Qualcomm - Short Term - We look to Sell at 158.32 (stop at 164.45)
Preferred trade is to sell into rallies. Previous support level of 160.00 broken. Short term RSI is moving lower. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 160.00, resulting in improved risk/reward.
Our profit targets will be 138.25 and...
My updated chart analysis of QCOM...I do have a short position in this stock with 10 Apr22 $170 puts & selling 20 Apr22 $165 calls...QCOM has had issues with getting over the $190ish area hitting it's head 4 times...We had an 11% run up off the start of the GAP at $155ish to a pretty big down day on 3/1 giving 50% of the gain back...Price is currently sitting on...
Immediate targets 171, 158. Invalidation at 215.
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 highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely...
Plotted above are here two different fib series.
Thick lines are of its "Genesis" (at birth) sequence.
Thin lines are the "Covid Stimulus" wave structure.
$ 164.00 is a Golden Fib on the Genesis Sequence.
$ 149.25 is the next stop if we lose the golden fib.
$ 174.11 is the key level above to break and hold.
Here is a snapshot of the Genesis Sequence:
.
I do...
QCOM is one of my fav stocks for 2022 and beyond...It is currently sitting on the 100MA on (support 1) if we get a breakdown of this I see this stock falling to the 200MA next then falling farther to fill the GAP which just so happens to be right around the bottom trendline at the $138ish area...If it breaks down from there then I see it testing support 2 at the...
QCOM: bullish entry above ( 175.00 ) with possible take profit in the sell zone
QCOM: bearish entry below double bottom (173.00) below support at (170.90) wait for break of this
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...
