Has passed long entry and earnings are tomorrow/They rarely miss Election day so who knows what tomorrow will bring Risky I suppose Handle Low (HL) or MC (Mid cup) both have support. I also see support at 120.7ish at prior gap up No rising wedges noted Not a recommendation
QRVO has tested the 135 level six times, breaking above that level today. Each test of resistance takes out some of the supply, increasing demand. Six is usually the special number of tests before a breakout occurs. I suspect this to run up to 144.
The 5G rally may just be beginning and QRVO is a major player within that sector. The stock is now just below our previous target and we see much more upside ahead. First main resistance now is the rising channel trendline (blue). Second level to consider is $145 where we have a strong confluence of Fibonacci expansion levels. Above which we have $150 - $155...
Possibly ready for another run if the market cooperates. Weekly and monthly candles are red dojis so no help there Handle Low held. I moved the handle low a bit because this seems to be a key source of support during the deep pull back. Some folks place a stop under the handle low. On a volatile stock, mid cup can be a place for a stop Gap up was filled during...
Chinese supply chain has been loading up on components out of fear the US govt shuts down supply of critical components... supply chain could be swimming in inventory soon....
Potential long above $121.50 Upside target $127.00
QRVO has just filled a gap in its chart and ran to the bottom of the range. It has exceeded its lower bollinger band showing oversold in its price. I looking for the reversal now that its gap in the chart has been closed, back to the 122-123 area.
Beware of gap under price. Possible pull back closer to B/O level to fill gap. No rising wedges noted Possible T2: 177.25 Not a recommendation
Hey traders,QORVO is at an important moment in its history we can witness a new historical high. It is in a fake bearish movement with high volumes of sales and we notice a refusal from buyers so the market is trying to slow down. QORVO is heading towards its last previous lower which is at the bullish gap level for a reversal and going to the top of the...
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Must have beat earnings and must have been received very well
5G Is a huge stimulus for the stock of QRVO and a sector that is still in its infancy. QRVO has also failed to break out above Jan Highs unlike many of its peers. Nice channel formed and 50ma support could be a possible stop loss level. PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
QRVO had a false breakout and closed red on the day retracing back under the breakout level. This is a bearish sign, where a reversal may take place. It also had high sell volume on the day. Looking for this to retrace to the 112 level.
Just a hasty update; please refer to my previous analisys for price targets and all other details. You can see from the last ten days' action how market makers can manipulate price however they want to pick your pockets and make you abandon winning stocks. I sticked with QRVO even if the main thesis was trading water (due to the breakdown from short-term rising...
In the upper chart you can see QRVO's four and a half years uptrend, which was put to the test during the corona panic and held perfectly. Since then, QRVO has managed to create a secondary rising channel, which was tested several times during the recent consolidation (blue arrows in the lower chart). If this smaller channel holds, it will lead price above...
I see a cup and handle pattern and tried my best to draw it/LOL Earnings 8-6 AMC The 50 MA has crossed the 100 and the 200 but the 100 is barely below the 200 in the daily time frame 5ma cupping up to cross up and through the 10ma Stop is your tolerance under handle low or under mid cup level. Hypothetical Break out is over prior high Targets are 140 to...
Bullish Flag | Qorvo is an American semiconductor company that designs, manufactures, and supplies radio-frequency systems for applications that drive wireless and broadband communications, as well as foundry services. Weekly Play: Short Position Play 1: Estimated time: 10-14 days $105 Put 7/17 @ $235 per contract, looking to flip these at $107 After Play...