28/4/2021 QCOMpossible pulled back for a few day to form a small inversed head and shoulder, and then charge right to the mars, the low side is pretty much formed but the volume doesnt seem enough to break through the POC, we will see
NASDAQ:QCOM
QCOM trade ideas
QCOM Long Double bottom + revisit
Price crossed SMA50 and SMA13
SMA50/200 support
OBV>OBV SMA34
WR crossed -50
Entry 137.6
Stop 130
Target 167
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
QCOM Resume UptrendQCOM change to uptrend making higher high and higher low, breaking up EMAs. For early entry can enter anytime now, for more confirmation can wait it to break above previous high(141).
QCOM - Bullish Engulfing candle pattern on reverse zoneQCOM - Bullish Engulfing candle pattern on reverse zone
QCOM Qualcomm (long)Danger line, (red slashes)
the price should not drop from this line
it would not be good.
Any close above $135
means QCOM Still bullish
To me the goal is at $147
If you want to trade my recommendation is, in short term
buy at $133 sell at $ 140.5
invest at your risk trading is not probability, it is not certainty but possibilities
You can loose money. Times now are very risky for traders
Good luck
Charlie
QCOM gaining groundGlad to see QCOM come back up after bouncing off it's 200 day SMA.
It's also now regained it's 50 day SMA. RSI and MACD signalling room for more upside to come. All looking quite good.
Now it faces a former support zone as new resistance in the realm of 142-144.
QCOM (long)Nothing we have not seen before
Monday the drop to the above $135 close
i still long
I ´ve added the red slashed line to the graph
as well in purple; the MA ´s 20 blue, MA ´s 50 red, MA ´s 100 yellow
as you make your own conclusions
good luck
Charlie
QCOM price in consolidationQCOM price is currently under consolidation, forming a wedge, which could result in a breakout. Fundamentally, the company well-positioned to benefit from the emerging demand for 5G technology.
QCOM QUALCOMM INC (LONG)i guessed yesterday was a good momentum, and yes that ´s worked, luck :-)
maybe $147 as short term goal ??
RSI looking good too
Maybe... anyway that ´s my bet
Invest at your own risk i have not a cristal ball, that are just ideas :-)
Good Luck
Charlie
QCOM (Long)Still long today we got losses but...
i guess 5G is QCOM and lot of profits for QCOM are to come as well gubernamental contracts. just my guess do your investigation, on technical side look nice to buy, i mean good momentum, for sure maybe tomorrow it still goes down and is a even a better momentum not sure but now it ´s not bad
decisions are at your own risk get advise from professional (take this seriously, please)
Good Luck
Charlie
$QCOM - Qualcomm Inc Bounce Back - Volume
Despite a questionable downgrade and negative commentary the selloff in the stock has been very limited.
Today we seen a dip down to the 21ema and a strong reversal, buyers were happy to step in.
The stock is a laggard and still down 20% from its highs.
Alert set above the 8ema for a scale in entry with the dead cat bounce as strong resistance.
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QCOM LongThat ‘ s the big picture for Qualcomm, we have to break the resistance in white line to reach all times high
Good Luck
Charlie
QCOM Qualcomm I guess it could be a good momentum, for the stock, from where we are $137.5 to the upper green line on my chart, approximately $143 or $144, i personally expect in mid term $170 but as you must know technical análisis can help to manage risk, and make a decision, but can ‘t not predict probability, or certainty
Happy trading
Good luck
Charlie
QCOM closing strong on big resistanceQCOM has had trouble with this 140 level but it looked strong going into it Friday. Watching it close to see if we can get a breakout. It's gone up a good amount the past couple of weeks so I'm being more cautious with this one.
QCOM possible bullish!QCOM
chart setup on QCOM looking nice on 1hr chart,
base on technical patterns QCOM did a nice bounce double bottom
and ready for the breakout if the market continues to rally.
daily chart is bearish but just above the ema lines i need to see it break 142-144 to continue its up side.
buy above 141.21 and take profit at 141.84+
short 139.41 take profits at 138.24 or below.
QCOM - picture perfectNot too much to say. Look at that W pattern. That screams reversal. $160 strikes
QCOM to tha mooonLook at that bounce off the 0.382... picture perfect. I'm going long on market open on some calls... Not gonna do too much explaining, just look at my chart and decide for yourself.
QCOMWith a
Great ¨in the sector ¨ P/E ratio: 23x
Bad PEG 9x (strange here...)
bad PB radio 21.6x (the debt weight on this ratio, i guess...)
Future Growth 2.6%, (here who really knows ???)
now: that ´s what i like a lot apart the P/E
ROE (return on equity) 91.2 %
ROA Return on Asset 19.0 % (industry average 7.5 %) that mean how well the spending in assets is rentable for the company (that choke to me against the bad PEG number)
ROCE Return on capital employed 27.3 % (this means management is far better than the rest of it ´s peers, industry average 9 % )
Overvalued yes ( but less than it ´s peer in EEUU industry) i guess due it ´s debt, a debt which in the counterpart is well managed, the free Cash Flow is enough to cover the nice dividend this company paid to shareholder 2%, as well interest and debt due to it ´s earnings which last year 2020 reached a 53 % of growth over 2019, (seems the debt is an inversion for the future) Mr Steve is the CEO who recently is helping Boeing as well
Anyway i ´m not a professional
Get advice from professionals about the numbers, to me it looks as i mention in parenthesis
to said
I ´m more Bullish than JP Morgan Analyst
i bet for a $ 200/210 share in mid long term let ´s see how far it goes t ´ll half past May month
as i said i ´m not a professional, maybe i ´m saying stupids things either the numbers comes from good and different sources (you have to make your own though)
i ´m long on this one. (because of the future, elites seems to have planned for us) which could be good or bad, anyway i ´m always optimist about the future of humanity
Good luck
Charlie.
QCOM QUALCOMM INC (to the moon)It is a great stock which has just pick up the rally in the upper Bollinger band two great days since i publish about QCOM
target is around $171 from institutional analyst.
Why not to believe them and jump to the Wave? :-)
this is a patriotic stock (no joking)
Vanguard Group
Blackrock
are the biggest institutional owners of QCOM. with 16% of the shares aproximettly
The company as a big debt, but as great profit and enough free cash flow to pay the interest, the debt, the 2% dividend and still getting profits.
A bit overvalued, that ´s sure, but the growth is big, since last year 53% for 2021 there is an estimate of 2%, but not sure about cause that is the one of biggest technology EEUU stocks.
My data come from different sources, do your own research, i do not own a cristal ball :-) but i like the chart and the company.
Happy Trading,
Charlie
Qualcomm long playDid a double which u can see I outlined in green. Past couple of days was the "Free lunch" or sideways play. Look for the next leg up if it crosses 140 which acts as double resistance with the 50ma intersecting with the 140 fib.. if it crosses 140 look for 145 as next Target
50 ma(purple line)
100ma (blue line)
Double BottomBeware of resistance overhead.
Seems price will hit R soon and possibly pull back.
Support is close by at the bottom of the prior gap up. There may strong R at the bottom and top of prior gap down.
Not a recommendation.
