Qualcomm Inc | QCOM | Long at $156.60Qualcomm NASDAQ:QCOM is a global leader in wireless technology, focusing on 5G chipsets, AI-capable Snapdragon processors, and connectivity solutions for smartphones, IoT, and automotive. Revenue through 3 quarters of 2025 is ~$40B. Revenue growth is anticipated to be 10-12%, year over year (2026: ~$45B; 2027: ~$50B; 2028: ~$56B). 5G adoption, AI chip demand, and automotive needs should continue to drive the stock price. Earnings per share are projected to grow 12-14%, year over year (2026: ~$11.20; 2027: ~$12.80; 2028: ~$14.70). Thus, the future looks quite bright for NASDAQ:QCOM .
Regarding price, it is currently trading at a PE of 15x and has a 2.25% dividend. The price is resting just above my historical simple moving average channel. I do anticipate it to drop into the channel (down in the high $130's-$140's) in the near-term due to typical September selloffs. However, I plan on adding more in the zone. A major bear case would be a major drop into the $90's to fill the price gaps on the daily chart before moving higher. I do not think this will happen unless a major catalyst in the market emerges - but always be prepared. Regardless, it is a strong company providing products and services that are in high demand. Currently fairly valued, I believe it become undervalued as the demand for 5G and new phone chips with AI capabilities emerges.
Thus, at $156.60, NASDAQ:QCOM is in a personal buy zone with a likely near-term drop into the $130's and $140's.
Targets into 2028:
$191.00 (+22.0%)
$225.00 (+43.7%)
QCOM trade ideas
facts converge for a sell idea : narrative and confluences 1->4: the number 3->4 swing make number
1 a solid major high as it pushed below number
2 buyers proving selling dominance in local
scope, it also served to break previous structure
presenting another confirmation of a
potential sell
what next ?
* 1->2 was half the strength of 3->4 ,
logically we can only assume sellers
are getting stronger, either via more sellers
or buyers losing interest for whatever reason
* obv trendline break shows sellers interest
increasing
* hidden bear on rsi and mfi + overbought on both
Qualcomm Stair-Steps LowerQualcomm has struggled all year, and some traders may see further downside risk in the chip stock.
The first pattern on today’s chart is the March high of $161.82. Prices have remained below that level since — even as the broader market climbed to new record highs. That may reflect a lack of buying interest.
Second is the pair of downward gaps after the last two earnings reports. Those may reflect weakening sentiment.
Third, QCOM tried to rebound after the second release but stalled at its July 30 close (immediately before earnings). Will it become a lower high?
Next, the 100-day simple moving average (SMA) is below the 200-day SMA. That may be consistent with longer-term weakness.
Finally, stochastics have been rebounding and are near levels where the oscillator has recently peaked. Traders may watch it for signs of prices turning lower.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
Qualcomm: Beyond the Smartphone Storm?Qualcomm (NASDAQ:QCOM) navigates a dynamic landscape, demonstrating resilience despite smartphone market headwinds and geopolitical complexities. Bernstein SocGen Group recently reaffirmed its "Outperform" rating, setting a \$185.00 price target. This confidence stems from Qualcomm's robust financials, including a 16% revenue growth over the last year and strong liquidity. While concerns persist regarding potential Section 232 tariffs and Apple's diminishing contribution, the company's strategic diversification into high-growth "adjacency" markets like automotive and IoT promises significant value. Qualcomm currently trades at a substantial discount compared to the S&P 500 and the Philadelphia Semiconductor Index (SOX), signaling an attractive entry point for discerning investors.
Qualcomm's technological prowess underpins its long-term growth narrative, extending far beyond its core wireless chipmaking. The company aggressively pushes **on-device AI**, leveraging its Qualcomm AI Engine to enable power-efficient, private, and low-latency AI applications across various devices. Its Snapdragon platforms power advanced features in smartphones, PCs, and the burgeoning **automotive sector** with the Snapdragon Digital Chassis. Further expanding its reach, Qualcomm's recent acquisition of Alphawave IP Group PLC targets the data center market, enhancing its AI capabilities and high-speed connectivity solutions. These strategic moves position Qualcomm at the forefront of the **high-tech revolution**, capitalizing on the pervasive demand for intelligent and connected experiences.
The company's extensive **patent portfolio**, encompassing over 160,000 patents, forms a critical competitive moat. Qualcomm's lucrative Standard Essential Patent (SEP) licensing program generates substantial revenue and solidifies its influence across global wireless standards, from 3G to 5G and beyond. This intellectual property leadership, combined with a calculated pivot away from its historical reliance on a single major customer like Apple, empowers Qualcomm to pursue new revenue streams. By aiming for a 50/50 split between mobile and non-mobile revenues by 2029, Qualcomm strategically mitigates market risks and secures its position as a diversified technology powerhouse. This assertive expansion, alongside its commitment to dividends, underscores a confident long-term outlook for the semiconductor giant.
QCOM: Identifying Key Levels for a Potential Bullish ReversalOverview:
The chart for QCOM displays significant price action over the past year-plus, marked by a strong uptrend followed by a substantial correction/consolidation phase. Your drawings highlight critical demand and supply zones, and a potential bullish trade setup.
Historical Price Action (Light Blue Zigzag):
Early 2023 - Mid 2024: Price moved from lows around 100-110, forming a clear impulse wave that rallied aggressively, peaking around $230 in May 2024. This established a strong bullish trend.
Mid 2024 - Early 2025: Following the peak, QCOM entered a significant correction, characterized by a series of lower highs and lower lows, bringing the price back down towards the 120-130 range. This period also saw the price repeatedly reject from an overhead supply zone (dark red rectangle).
Early 2025 - Current: The price found strong demand again in the 120=125 area, leading to a bounce. The current price action indicates a potential reversal attempt, trying to establish a new uptrend by overcoming recent resistance.
Key Zones Identified:
Major Demand Zone (Lower Green Rectangle):
Price Range: Approximately $110 - $125
Interpretation: This is a crucial support area where significant buying interest emerged, causing the price to reverse multiple times. It represents a strong floor for QCOM, acting as a major accumulation zone.
Major Supply/Resistance Zone (Upper Dark Red Rectangle):
Price Range: Approximately $170 - $178
Interpretation: This zone has consistently acted as strong resistance, with sellers stepping in to push the price down whenever it reached these levels. Overcoming this zone would be a significant bullish signal, indicating a potential shift in market structure.
Current Demand/Entry Zone (Upper Green Rectangle):
Price Range: Approximately $155 - $162
Interpretation: The price has recently shown support in this area, bouncing from the lows seen in May 2025. This zone is being targeted as a potential entry point for a new long position. The dashed horizontal line at $159.12 marks the current price or proposed entry level.
Proposed Trade Setup (Right Side Box):
Your chart outlines a potential bullish trade with clear entry, stop-loss, and target levels:
Entry Price: Above 162. This suggests buying into the current strength after bouncing from recent lows.
Stop Loss (Lower Red Rectangle):
Level: $151.51 (bottom of the smaller red box).
Interpretation: Placing the stop loss below the immediate support of the upper green demand zone (and potentially below a previous swing low) indicates that if the price falls below this level, the bullish thesis is invalidated, and it's prudent to exit the trade to limit losses.
Main Target (Light Blue Dotted Rectangle):
Level: $182.63
Interpretation: This is the ultimate profit target, suggesting a potential move back towards, or even slightly above, the major supply zone (dark red rectangle). This target implies a successful breakout from the recent consolidation and a challenge of prior highs. The dotted line illustrates the projected path towards this target.
Risk/Reward: 1:3
Conclusion:
QCOM is currently situated within a key demand zone after a significant correction. The setup suggests a potential bullish reversal with a defined entry, stop loss, and attractive risk-reward profile targeting a retest of higher resistance levels. Traders should monitor price action carefully for confirmation of strength within the current demand zone and watch for a decisive break above the major supply zone for sustained upside.
Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
Qualcomm Remains BullishLike the market as a whole, Qualcomm shares recovered significantly. With the downward movement on May 1, which many market participants interpreted as a continuation of the bearish trend, the share delivered a precise 50% correction. This should not be seen as bearish, but rather gives hope for further price rises.
We have drawn a conservative and an aggressive take profit for a long position in the chart here.
QCOM in Buy ZoneMy trading plan is very simple.
I buy or sell when at three of these events happen:
* Price tags the top or bottom of parallel channel zones
* Money flow spikes beyond it's Bollinger Bands
* Stochastic Momentum Index (SMI) at near oversold overbought level
* Price at Fibonacci levels
So...
Here's why I'm picking this symbol to do the thing.
Price in buying zone at bottom of channels
Stochastic Momentum Index (SMI) at oversold level
Money flow momentum is spiked negative and under at bottom of Bollinger Band
Entry at $158.5
Target is upper lower channel around $172
QCOM eyes on $158.81: Key Resistance to break and resume UpTrendChips have been suffering under the uncertainty of Trump.
QCOM had some good news that might help it paint a bottom.
$ 158.29-158.81 is key resistance for bulls to flip into support.
======================================================
.
QCOM cautiously bullish 4h timeframe multi timeframe confirmation just dropped in my lap.
I see strong BUY confirmation based on our momentum framework.
🔹 **Trade Direction:** Long (Bullish Reversal)
🔹 **Entry:** $156 - $157 (Current zone)
🔹 **Stop Loss:** $152 (below recent swing low)
🔹 **Target 1:** $164 (short-term resistance)
🔹 **Target 2:** $171.50 (previous support-turned-resistance)
📊 **Probability & Justification:**
- **Momentum Shift:** Price stabilizing after a steep sell-off, potential for mean reversion.
- **Indicators:** Stochastic RSI heavily oversold across all key timeframes, strong buy signals on multiple intervals.
- **Moving Averages:** 9/21 EMA still bearish, but price attempting to reclaim key levels.
- **Volume Profile:** Increasing buy-side pressure indicates accumulation.
⚠️ **Risk Considerations:**
- A break below $152 invalidates the setup.
- Price action must confirm a higher low before strong upside.
- Volatility at 31.5%—expect swings; patience required.
📉 **Bias:** Cautiously bullish—confirmation needed for continuation above $164.