Qualcomm Surpasses Consensus Estimate; Posts 8% YoY EPS Growth In Q3
themarketsignal.com
The parabolic SAR of Qualcomm, Inc. (NASDAQ:QCOM) is $91.46 and QCOM is trading above this point. The stock appears bullish. Qualcomm has seen an upward trend throughout the week. This can be attributed to its Q3-2020 earnings, which surpassed expectations. Another key factor...
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Super Bullish on the daily Ichymoku especily if the Tenkan sen line can stay above the kijun..
Its overbought in the Stochastic and rising on the MACD however still room to grow on the upside but also still needs to fill the huge gap from $93-$100..
I think it will continue up and probably hit around $115 before being exhausted then make its way down to fill that gap.
QCOM is overbought on stochastics and over bought on the bollinger bands. QCOM reported earnings causing price to skyrocket upward, but now it has showed weakness with running 4% off its highs today. I expect this to pullback to $102 level.
Qualcomm expects to generate an estimated $1.8 billion in revenues. The company is poised to record royalty revenue from Huawei starting in its fourth fiscal quarter.
Looking ahead, Qualcomm provided guidance for fourth-quarter adjusted revenue to be in a range of $5.5 billion and $6.3 billion, versus analysts’ estimates of $5.78 billion. EPS in the current...
Can 5G finally push QCOM to its old 2000 highs?
The stock has struggled to get the attention of investors, but has
slowly climbed higher in 2020.
The stock is currently within a nice channel as earnings approach,
the bottom of the channel could be used as a possible stop loss.
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QCOM is one I have owned since the bottom. Gr8 dividend payer and for me it is a keeper. V bottom and possibly formed a handle there, so may say it is a cup and handle. Either way break out is the same
Earnings 7-29 AMC
Possible pull back to 87ish or 88ish so I plan to buy more if this happens. The stock is in a small rising wedge which it may or may not fall...
the bulls have been very persistent with QCOM. it took more than 4 attempts to break the $81 and the $89.
next we should expect to breach the $92, maybe today by market close (that would be great), maybe Monday? we have good tail wind and positive/green sentiment - but the current short term move is not yet a fully formed uptrend (on the 1hr and Renko...
QCOM looks prime for breakout to $100+.
Volume Profile since November gap up forming base at $90 as launchpad. Moving Averages stacked. Lots of taps at this resistance, not going to hold much longer imo.
QCOM seems to be pulling back it would appear and solid support looks to be at 78 and 80 (ish)
QCOM looks to be in a rising wedge right now and could fall out.
Breakout from a V bottom would be over the prior high so possibly at 97.2. Due to stocks often pulling back when they reach a high as of late, unless the stock is SQ or PYPL, ETSY etc.. LOL..definitely do...
